James Halstead (LON:JHD) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

James Halstead plc (LON:JHD)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 133.47 and traded as low as GBX 125.80. James Halstead shares last traded at GBX 126.20, with a volume of 246,960 shares changing hands.

James Halstead Price Performance

The firm has a market cap of £510.52 million, a P/E ratio of 13.47, a P/E/G ratio of 3.19 and a beta of 0.30. The company has a fifty day moving average of GBX 132.09 and a 200-day moving average of GBX 133.32. The company has a debt-to-equity ratio of 5.06, a current ratio of 4.13 and a quick ratio of 1.13.

James Halstead (LON:JHD) last issued its quarterly earnings data on Tuesday, March 31st. The company reported GBX 4.40 earnings per share for the quarter. The business had revenue of £127.20 million for the quarter. James Halstead had a return on equity of 20.94% and a net margin of 14.59%. On average, sell-side analysts anticipate that James Halstead plc will post 10.670194 EPS for the current fiscal year.

James Halstead Company Profile

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.