Gooch & Housego (LON:GHH) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Gooch & Housego PLC (LON:GHH)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 462.68 ($5.63) and traded as high as GBX 474 ($5.77). Gooch & Housego shares last traded at GBX 464 ($5.65), with a volume of 67,078 shares traded.

Gooch & Housego Stock Up 5.6 %

The firm has a market cap of £122.20 million, a PE ratio of 9,760.00 and a beta of 0.96. The company has a quick ratio of 1.66, a current ratio of 3.66 and a debt-to-equity ratio of 32.88. The business has a 50-day moving average price of GBX 486.98 and a two-hundred day moving average price of GBX 462.85.

Gooch & Housego Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd will be issued a dividend of GBX 8.30 ($0.10) per share. This is an increase from Gooch & Housego’s previous dividend of $4.90. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a yield of 1.81%. Gooch & Housego’s dividend payout ratio is 26,000.00%.

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.