Shore Capital Reiterates “House Stock” Rating for Goodwin (LON:GDWN)

Shore Capital reissued their house stock rating on shares of Goodwin (LON:GDWN) in a report issued on Wednesday morning, MarketBeat.com reports.

Goodwin Stock Performance

LON GDWN opened at GBX 7,540 ($96.36) on Wednesday. The company has a debt-to-equity ratio of 58.39, a quick ratio of 1.00 and a current ratio of 1.51. The stock’s fifty day moving average is GBX 7,694.80 and its two-hundred day moving average is GBX 6,504.29. The firm has a market capitalization of £566.25 million, a P/E ratio of 3,607.66 and a beta of 0.65. Goodwin has a fifty-two week low of GBX 4,500 ($57.51) and a fifty-two week high of GBX 8,860 ($113.23).

Goodwin Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 4th. Investors of record on Thursday, September 12th will be given a dividend of GBX 66.50 ($0.85) per share. This is a boost from Goodwin’s previous dividend of $57.50. This represents a yield of 0.85%. The ex-dividend date of this dividend is Thursday, September 12th. Goodwin’s dividend payout ratio (DPR) is presently 5,502.39%.

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.