James Halstead (LON:JHD) Hits New 1-Year Low – What’s Next?

James Halstead plc (LON:JHD)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 128 and last traded at GBX 131.50, with a volume of 811998 shares. The stock had previously closed at GBX 131.50.

James Halstead Price Performance

The company has a market cap of £541.33 million, a price-to-earnings ratio of 13.40, a P/E/G ratio of 3.19 and a beta of 0.31. The company’s 50-day simple moving average is GBX 136.91 and its 200-day simple moving average is GBX 139.98. The company has a debt-to-equity ratio of 3.52, a current ratio of 3.34 and a quick ratio of 1.13.

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.