James Halstead (LON:JHD) Reaches New 1-Year Low – Should You Sell?

James Halstead plc (LON:JHD)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 121 and last traded at GBX 122.56, with a volume of 149548 shares traded. The stock had previously closed at GBX 121.50.

James Halstead Trading Up 0.9%

The firm’s 50-day moving average price is GBX 134.64 and its 200 day moving average price is GBX 138.69. The company has a market cap of £510.35 million, a price-to-earnings ratio of 12.64, a P/E/G ratio of 3.19 and a beta of 0.19. The company has a current ratio of 3.77, a quick ratio of 1.13 and a debt-to-equity ratio of 2.69.

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.