James Halstead (LON:JHD) Reaches New 12-Month Low – Time to Sell?

James Halstead plc (LON:JHD)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 127.50 and last traded at GBX 128, with a volume of 24597 shares. The stock had previously closed at GBX 130.

James Halstead Price Performance

The company has a fifty day simple moving average of GBX 136.75 and a two-hundred day simple moving average of GBX 139.78. The stock has a market capitalization of £525.30 million, a price-to-earnings ratio of 13.01, a PEG ratio of 3.19 and a beta of 0.21. The company has a debt-to-equity ratio of 2.69, a quick ratio of 1.13 and a current ratio of 3.77.

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.