Gooch & Housego (LON:GHH) Shares Pass Below 200 Day Moving Average of $547.94

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 547.94 ($6.77) and traded as low as GBX 542 ($6.69). Gooch & Housego shares last traded at GBX 548 ($6.77), with a volume of 40,875 shares.

Gooch & Housego Trading Down 2.1 %

The stock’s fifty day moving average price is GBX 525 and its 200 day moving average price is GBX 548.18. The company has a debt-to-equity ratio of 32.58, a current ratio of 3.40 and a quick ratio of 1.66. The stock has a market capitalization of £141.85 million, a P/E ratio of 3,437.50 and a beta of 0.96.

Gooch & Housego Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 23rd. Stockholders of record on Thursday, January 18th were issued a GBX 8.20 ($0.10) dividend. The ex-dividend date of this dividend was Thursday, January 18th. This is a boost from Gooch & Housego’s previous dividend of $4.80. This represents a dividend yield of 1.61%. Gooch & Housego’s dividend payout ratio is presently 8,125.00%.

Insider Transactions at Gooch & Housego

In related news, insider Gary Bullard purchased 263 shares of the business’s stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average cost of GBX 494 ($6.10) per share, for a total transaction of £1,299.22 ($1,604.77). Company insiders own 21.08% of the company’s stock.

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.