James Halstead (LON:JHD) Shares Pass Below 200 Day Moving Average – What’s Next?

Shares of James Halstead plc (LON:JHD) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 128.59 and traded as low as GBX 125. James Halstead shares last traded at GBX 127.40, with a volume of 1,151,880 shares traded.

James Halstead Trading Down 1.1%

The company’s fifty day moving average is GBX 128.91 and its two-hundred day moving average is GBX 128.61. The company has a quick ratio of 1.13, a current ratio of 4.13 and a debt-to-equity ratio of 5.06. The stock has a market cap of £537.17 million, a price-to-earnings ratio of 14.18, a PEG ratio of 3.19 and a beta of 0.29.

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.