Gooch & Housego (LON:GHH) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Gooch & Housego PLC (LON:GHH)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 450.44 ($5.99) and traded as low as GBX 440 ($5.86). Gooch & Housego shares last traded at GBX 443.74 ($5.91), with a volume of 9,770 shares changing hands.

Gooch & Housego Stock Up 0.2%

The stock has a market capitalization of £111.67 million, a PE ratio of 102.07 and a beta of 0.96. The company has a current ratio of 3.19, a quick ratio of 1.66 and a debt-to-equity ratio of 29.92. The company’s 50-day moving average is GBX 416.37 and its 200 day moving average is GBX 450.71.

Gooch & Housego Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Thursday, January 23rd were given a GBX 8.30 ($0.11) dividend. This is a positive change from Gooch & Housego’s previous dividend of $4.90. This represents a dividend yield of 1.81%. The ex-dividend date was Thursday, January 23rd. Gooch & Housego’s dividend payout ratio (DPR) is presently 300.89%.

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.