Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Photonic components and systems manufacturer Gooch & Housego (GHH) has issued a “trading update” including that its “order book has continued to grow in the second half of the financial year and at the end of July 2024 stood at £116.8m (31 March 2024: £115.8m)… along with a large high-quality pipeline of new business opportunities”, though also that it “now expect some revenues to be delayed out of the current reporting period, principally as a result of both supplier and customer delivery delays”. What of a current share price response lower to 456p?
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