James Latham (LON:LTHM) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

James Latham plc (LON:LTHM)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,091.22 and traded as low as GBX 1,032. James Latham shares last traded at GBX 1,049.84, with a volume of 25,387 shares traded.

James Latham Stock Performance

The company has a market capitalization of £211.65 million, a P/E ratio of 11.68 and a beta of 0.83. The business has a 50 day moving average of GBX 1,036.81 and a 200 day moving average of GBX 1,091.22. The company has a quick ratio of 2.52, a current ratio of 5.43 and a debt-to-equity ratio of 4.03.

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.