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Gooch & Housego Director Increases Shareholding

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Gooch & Housego Director Increases Shareholding

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The latest update is out from Gooch & Housego ( (GB:GHH) ).

Gooch & Housego PLC announced that Louise Evans, a Non-Executive Director, has purchased 953 Ordinary Shares at £5.23 each, increasing her total shareholding to 1,426 shares, which represents 0.01% of the company’s issued share capital. This transaction reflects a personal investment by a board member, potentially signaling confidence in the company’s future performance and stability, which may be of interest to stakeholders and investors.

The most recent analyst rating on (GB:GHH) stock is a Hold with a £585.00 price target. To see the full list of analyst forecasts on Gooch & Housego stock, see the GB:GHH Stock Forecast page.

Spark’s Take on GB:GHH Stock

According to Spark, TipRanks’ AI Analyst, GB:GHH is a Neutral.

The overall stock score of 56 reflects Gooch & Housego’s stable financial foundation but highlights concerns about profitability and valuation. Technical indicators suggest neutral momentum, while the high P/E ratio indicates potential overvaluation. The dividend yield offers some compensation for investors.

To see Spark’s full report on GB:GHH stock, click here.

More about Gooch & Housego

Gooch & Housego PLC is a specialist manufacturer in the photonics industry, focusing on the production of photonic components and systems. The company is listed on the AIM market and is known for its innovative solutions in optical technologies.

Average Trading Volume: 56,708

Technical Sentiment Signal: Sell

Current Market Cap: £139.3M

Find detailed analytics on GHH stock on TipRanks’ Stock Analysis page.

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