James Latham (LON:LTHM) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

James Latham plc (LON:LTHM) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,049.75 and traded as low as GBX 955.29. James Latham shares last traded at GBX 955.29, with a volume of 29,107 shares changing hands.

James Latham Stock Down 5.4%

The company has a market cap of £192.59 million, a price-to-earnings ratio of 10.92 and a beta of 0.83. The stock has a 50-day simple moving average of GBX 993.71 and a 200-day simple moving average of GBX 1,049.23. The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.03.

James Latham (LON:LTHM) last issued its quarterly earnings data on Thursday, November 27th. The company reported GBX 47.90 earnings per share for the quarter. James Latham had a net margin of 6.18% and a return on equity of 10.82%. As a group, analysts predict that James Latham plc will post 105.2631579 EPS for the current year.

Insider Activity at James Latham

In related news, insider Andrew George Wright purchased 486 shares of James Latham stock in a transaction dated Thursday, January 8th. The stock was bought at an average cost of GBX 925 per share, with a total value of £4,495.50. Company insiders own 18.92% of the company’s stock.

James Latham Company Profile

James Latham plc, together with its subsidiaries, engages in the importing and distribution of timber, panels, and decorative surfaces in the United Kingdom, the Republic of Ireland, rest of Europe, and internationally. The company offers panels, melamine, veneer, laminates, washroom collection, solid surface products, door blanks, plastics, hardwoods, engineered timber products, softwoods, flooring products, decking and timber cladding products, modified timbers and panels, fire retardant panels, advanced technical panels, and treatments, as well as architectural moldings and components.