James Halstead (LON:JHD) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

James Halstead plc (LON:JHD) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 130.02 and traded as low as GBX 126.75. James Halstead shares last traded at GBX 128, with a volume of 589,469 shares trading hands.

James Halstead Price Performance

The company has a market capitalization of £535.50 million, a price-to-earnings ratio of 15.13, a PEG ratio of 3.19 and a beta of 0.29. The company has a current ratio of 3.87, a quick ratio of 1.13 and a debt-to-equity ratio of 4.99. The company has a 50 day moving average price of GBX 130.24 and a 200 day moving average price of GBX 130.02.

James Halstead (LON:JHD) last issued its quarterly earnings results on Wednesday, October 14th. The company reported GBX 8.50 earnings per share (EPS) for the quarter. James Halstead had a return on equity of 19.54% and a net margin of 13.63%. As a group, equities research analysts forecast that James Halstead plc will post 10.67 earnings per share for the current 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.