James Halstead (LON:JHD) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

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 151.39 and traded as low as GBX 139.50. James Halstead shares last traded at GBX 141.50, with a volume of 337,249 shares.

James Halstead Stock Performance

The stock has a market capitalization of £607.35 million, a price-to-earnings ratio of 14.47, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31. The company has a current ratio of 3.34, a quick ratio of 1.13 and a debt-to-equity ratio of 3.52. The stock’s 50 day moving average is GBX 144.20 and its two-hundred day moving average is GBX 151.39.

James Halstead (LON:JHD) last announced its earnings results on Wednesday, October 1st. The company reported GBX 9.70 earnings per share for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. Analysts expect that James Halstead plc will post 10.670194 earnings per share 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.