James Halstead (LON:JHD) Stock Price Passes Below 200-Day Moving Average – Here’s Why

James Halstead plc (LON:JHD)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 136.52 and traded as low as GBX 122. James Halstead shares last traded at GBX 123.50, with a volume of 949,219 shares changing hands.

James Halstead Stock Performance

The company has a 50-day moving average of GBX 129.65 and a 200 day moving average of GBX 136.41. The company has a debt-to-equity ratio of 4.95, a current ratio of 4.13 and a quick ratio of 1.13. The company has a market cap of £505.94 million, a PE ratio of 12.53, a price-to-earnings-growth ratio of 3.19 and a beta of 0.19.

James Halstead (LON:JHD) last issued its quarterly earnings data on Tuesday, March 31st. The company reported GBX 4.40 earnings per share (EPS) for the quarter. The business had revenue of £127.20 million for the quarter. James Halstead had a return on equity of 22.50% and a net margin of 15.50%. Analysts predict that James Halstead plc will post 10.670194 earnings per share for the current year.

About James Halstead

James Halstead (LSE: JHD) is a global manufacturer and supplier of flooring for commercial and domestic purposes. It has manufacturing operations across the United Kingdom, Europe and Scandinavia, Australasia and Asia, and Rest of the World markets and supplies to customers all around the world. The Company’s brands include Polyflor, Palettone, Camaro, Polysafe, Recofloor and Expona.

James Halstead’s strategy is to constantly develop its brand identity and its reputation for quality, product innovation, durability and availability, thereby enhancing and maintaining goodwill with the aim of achieving repeat business.