Goodwin (LON:GDWN) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Goodwin PLC (LON:GDWN)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7,224.22 ($90.82) and traded as low as GBX 7,000 ($88.01). Goodwin shares last traded at GBX 7,440 ($93.54), with a volume of 4,070 shares traded.

Goodwin Trading Down 1.3 %

The business has a 50-day moving average price of GBX 6,808.20 and a 200-day moving average price of GBX 7,224.22. The company has a quick ratio of 1.00, a current ratio of 2.21 and a debt-to-equity ratio of 59.96. The firm has a market capitalization of £551.23 million, a P/E ratio of 3,276.79 and a beta of 0.54.

About Goodwin

Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally. The company designs, manufactures, and sells dual plate check valves, axial nozzle check valves and axial piston control, and isolation valves for large construction projects, including the construction of naval vessels, nuclear waste treatment, nuclear power generation, liquefied natural gas, gas, oil, petrochemical, mining, and water markets; submersible slurry pumps; and radar surveillance systems for defense contractors, civil aviation authorities, and coastal border security agencies.