James Latham (LON:LTHM) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

James Latham plc (LON:LTHM) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,035.87 and traded as low as GBX 1,030. James Latham shares last traded at GBX 1,040, with a volume of 28,579 shares traded.

James Latham Trading Down 0.4%

The business has a 50-day moving average of GBX 985.53 and a 200-day moving average of GBX 1,034.92. The company has a quick ratio of 2.52, a current ratio of 5.43 and a debt-to-equity ratio of 4.03. The stock has a market cap of £212.89 million, a price-to-earnings ratio of 12.07 and a beta of 0.83.

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

Insider Buying and Selling at James Latham

In other James Latham news, insider Piers Latham bought 300 shares of the firm’s stock in a transaction on Wednesday, January 28th. The stock was bought at an average cost of GBX 980 per share, with a total value of £2,940. Also, insider Nick Latham purchased 339 shares of the company’s stock in a transaction dated Wednesday, January 28th. The shares were acquired at an average price of GBX 980 per share, for a total transaction of £3,322.20. Insiders have bought 1,482 shares of company stock valued at $1,425,630 over the last three months. 18.94% of the stock is owned by insiders.

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.