Gooch & Housego (LON:GHH) Stock Price Crosses Below Two Hundred Day Moving Average of $558.94

Gooch & Housego PLC (LON:GHH) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 558.94 ($7.09) and traded as low as GBX 461 ($5.85). Gooch & Housego shares last traded at GBX 476 ($6.04), with a volume of 20,198 shares.

Gooch & Housego Stock Up 3.7 %

The company has a current ratio of 3.40, a quick ratio of 1.66 and a debt-to-equity ratio of 32.58. The firm has a market capitalization of £122.76 million, a PE ratio of 2,975.00 and a beta of 0.94. The firm has a 50-day moving average of GBX 547.07 and a two-hundred day moving average of GBX 558.82.

Gooch & Housego Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, June 20th will be given a GBX 4.90 ($0.06) dividend. This represents a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, June 20th. Gooch & Housego’s dividend payout ratio (DPR) is currently 8,125.00%.

Insider Buying and Selling

In other news, insider Gary Bullard bought 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 4th. The shares were acquired at an average cost of GBX 550 ($6.98) per share, with a total value of £16,500 ($20,931.12). Corporate insiders own 21.20% of the company’s stock.

Gooch & Housego Company Profile

Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. It offers acousto-optic products, such as acoustic-optic modulators, deflectors, frequency shifters, mode lockers, pulse pickers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; and electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers.