James Halstead (LON:JHD) Share Price Passes Below 200 Day Moving Average – Time to Sell?

James Halstead plc (LON:JHD) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 137.45 and traded as low as GBX 116.40. James Halstead shares last traded at GBX 119.75, with a volume of 505,910 shares.

James Halstead Stock Up 0.8%

The stock has a fifty day moving average of GBX 131.11 and a two-hundred day moving average of GBX 137.20. The company has a quick ratio of 1.13, a current ratio of 3.77 and a debt-to-equity ratio of 2.69. The stock has a market cap of £499.30 million, a price-to-earnings ratio of 12.36, a PEG ratio of 3.19 and a beta of 0.19.

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.