Goodwin (LON:GDWN) Share Price Crosses Above Fifty Day Moving Average - Should You Sell?

Goodwin PLC (LON:GDWN - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 6,789.30 ($89.86) and traded as high as GBX 7,180 ($95.04). Goodwin shares last traded at GBX 7,100 ($93.98), with a volume of 3,602 shares changing hands.Goodwin Stock Down 4.4 %The company has a market capitalization of £516.89 million, a price-to-earnings ratio of 30.58 and a beta of 0.54. The company has a quick ratio of 1.00, a current ratio of 2.21 and a debt-to-equity ratio of 62.10. The firm has a 50 day moving average price of GBX 6,789.30 and a two-hundred day moving average price of GBX 6,994.78. Goodwin Increases DividendThe firm also recently disclosed a dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, March 20th were issued a dividend of GBX 66.50 ($0.88) per share. The ex-dividend date was Thursday, March 20th. This is an increase from Goodwin's previous dividend of $57.50. This represents a yield of 0.85%. Goodwin's payout ratio is currently 59.92%. Insider ActivityIn other news, insider Timothy J.W. Goodwin acquired 3,516 shares of the stock in a transaction that occurred on Monday, February 17th. The stock was purchased at an average cost of GBX 7,110 ($94.11) per share, with a total value of £249,987.60 ($330,890.27). Company insiders own 67.18% of the company's stock. Goodwin Company Profile (Get Free Report)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.See AlsoFive stocks we like better than GoodwinHow to Use Stock Screeners to Find StocksViking Therapeutics Stock Pops But Struggles to Hold GainsWhat Percentage Gainers Tell Investors and Why They Don’t Tell the Whole StoryQualcomm Stock Just Earned a Fresh Buy Rating—Get Excited3 Dividend Kings To ConsiderMeta Stock Holds Upside Potential as Analysts Cut Price TargetsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Goodwin Right Now?Before you consider Goodwin, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Goodwin wasn't on the list.While Goodwin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here