Gooch & Housego (LON:GHH) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Gooch & Housego PLC (LON:GHH) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 459.02 ($5.67) and traded as low as GBX 416 ($5.14). Gooch & Housego shares last traded at GBX 425 ($5.25), with a volume of 18,693 shares trading hands.

Gooch & Housego Price Performance

The company has a market cap of £106.14 million, a PE ratio of 8,478.00 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 firm has a 50 day simple moving average of GBX 478.57 and a 200-day simple moving average of GBX 459.02.

Gooch & Housego (LON:GHH) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 25.50 ($0.32) earnings per share (EPS) for the quarter. Gooch & Housego had a negative net margin of 5.28% and a positive return on equity of 1.16%. As a group, research analysts predict that Gooch & Housego PLC will post 40.9691418 earnings per share for the current fiscal year.

Gooch & Housego Increases Dividend

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

About Gooch & Housego

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.