Gooch & Housego (LON:GHH) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Gooch & Housego PLC (LON:GHH) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 462.68 ($5.66) and traded as high as GBX 474 ($5.80). Gooch & Housego shares last traded at GBX 464 ($5.68), with a volume of 67,078 shares changing hands.

Gooch & Housego Trading Down 0.9 %

The company has a market cap of £115.18 million, a PE ratio of 9,200.00 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 simple moving average of GBX 486.46 and a 200-day simple moving average of GBX 462.68.

Gooch & Housego Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Investors 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 represents a yield of 1.81%. This is a positive change from Gooch & Housego’s previous dividend of $4.90. Gooch & Housego’s payout ratio is currently 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.