James Latham (LON:LTHM) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of James Latham plc (LON:LTHM) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,035.03 and traded as high as GBX 1,080. James Latham shares last traded at GBX 1,069, with a volume of 16,520 shares trading hands.

James Latham Stock Up 0.6%

The company has a debt-to-equity ratio of 3.35, a current ratio of 4.22 and a quick ratio of 2.52. The business has a 50 day moving average price of GBX 1,064.12 and a 200 day moving average price of GBX 1,035.03. The firm has a market capitalization of £215.51 million, a P/E ratio of 11.57 and a beta of 0.74.

James Latham (LON:LTHM) last announced its earnings results on Thursday, July 2nd. The company reported GBX 92.50 earnings per share for the quarter. James Latham had a return on equity of 8.13% and a net margin of 4.73%. On average, analysts predict that James Latham plc will post 105.2631579 earnings per share for the current year.

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.