James Halstead (LON:JHD) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

James Halstead plc (LON:JHD) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 161.47 ($2.21) and traded as low as GBX 151 ($2.06). James Halstead shares last traded at GBX 151 ($2.06), with a volume of 352,557 shares.

James Halstead Stock Performance

The stock has a market capitalization of £631.62 million, a PE ratio of 15.21, a PEG ratio of 3.19 and a beta of 0.31. The business has a 50 day moving average price of GBX 158.13 and a 200 day moving average price of GBX 161.47. The company has a debt-to-equity ratio of 3.52, a current ratio of 3.34 and a quick ratio of 1.13.

James Halstead (LON:JHD) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX 5 ($0.07) EPS for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. As a group, equities research analysts expect that James Halstead plc will post 10.670194 earnings per share for the current year.

Insider Activity

In other James Halstead news, insider Russell Whiting purchased 14,363 shares of the firm’s stock in a transaction dated Friday, April 11th. The stock was purchased at an average price of GBX 139 ($1.90) per share, for a total transaction of £19,964.57 ($27,277.73). Also, insider Gordon Oliver purchased 5,550 shares of the firm’s stock in a transaction dated Monday, April 7th. The stock was acquired at an average price of GBX 132 ($1.80) per share, with a total value of £7,326 ($10,009.56). Corporate insiders own 49.12% of the company’s stock.

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.