James Halstead (LON:JHD) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

James Halstead plc (LON:JHD) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 132.02 and traded as low as GBX 124.40. James Halstead shares last traded at GBX 125, with a volume of 856,744 shares trading hands.

James Halstead Stock Performance

The firm has a fifty day simple moving average of GBX 130.69 and a 200-day simple moving average of GBX 131.94. The company has a quick ratio of 1.13, a current ratio of 4.13 and a debt-to-equity ratio of 5.06. The company has a market cap of £533.84 million, a PE ratio of 14.09, a price-to-earnings-growth ratio of 3.19 and a beta of 0.29.

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

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.