James Halstead (LON:JHD) Shares Cross Below 200 Day Moving Average – Here’s What Happened

James Halstead plc (LON:JHD) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 171.16 ($2.29) and traded as low as GBX 145 ($1.94). James Halstead shares last traded at GBX 146.50 ($1.96), with a volume of 284,826 shares traded.

James Halstead Stock Performance

The company has a current ratio of 3.34, a quick ratio of 1.13 and a debt-to-equity ratio of 3.52. The stock’s 50 day moving average price is GBX 149.22 and its two-hundred day moving average price is GBX 171.16. The firm has a market capitalization of £621.16 million, a price-to-earnings ratio of 14.96, a PEG ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHD) last issued its earnings results on Thursday, March 27th. The company reported GBX 5 ($0.07) earnings per share (EPS) for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. On average, analysts forecast that James Halstead plc will post 10.670194 EPS for the current year.

James Halstead Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 8th will be given a GBX 2.75 ($0.04) dividend. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, May 8th. James Halstead’s dividend payout ratio is currently 90.67%.

Insider Buying and Selling

In related news, insider Gordon Oliver acquired 5,550 shares of the firm’s stock in a transaction that occurred on Monday, April 7th. The shares were acquired at an average price of GBX 132 ($1.77) per share, with a total value of £7,326 ($9,803.29). Also, insider Russell Whiting bought 14,363 shares of the business’s stock in a transaction that occurred on Friday, April 11th. The stock was purchased at an average cost of GBX 139 ($1.86) per share, with a total value of £19,964.57 ($26,715.60). Insiders own 49.12% of the company’s stock.

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.