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Gooch & Housego ( (GB:GHH) ) just unveiled an announcement.
Gooch & Housego PLC, a specialist in optical components and systems, has issued 84,477 new ordinary shares as the final consideration for its acquisition of Global Photonics, a U.S.-based company. This move increases the company’s issued share capital to 27,199,510 ordinary shares, all with voting rights, and these shares are expected to commence trading on AIM on 13 October 2025. This strategic acquisition and share issuance are likely to enhance Gooch & Housego’s market positioning and operational capabilities in the photonics industry.
The most recent analyst rating on (GB:GHH) stock is a Hold with a £591.00 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 score reflects a stable financial foundation with profitability challenges. Technical indicators suggest moderate bullish momentum, while valuation is fair but not compelling. Addressing profitability issues is crucial for future performance.
To see Spark’s full report on GB:GHH stock, click here.
More about Gooch & Housego
Gooch & Housego is a photonics technology business headquartered in Ilminster, Somerset, UK, with operations in the U.S. and Europe. It is a world leader in researching, designing, engineering, and manufacturing advanced photonic systems, components, and instrumentation for applications in the Aerospace & Defence, Industrial, Life Sciences, and Scientific Research sectors.
Average Trading Volume: 60,807
Technical Sentiment Signal: Hold
Current Market Cap: £163.8M
Find detailed analytics on GHH stock on TipRanks’ Stock Analysis page.