James Halstead (LON:JHD) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

James Halstead plc (LON:JHDGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 148.91 and traded as low as GBX 137. James Halstead shares last traded at GBX 141.50, with a volume of 513,828 shares.

James Halstead Price Performance

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 has a 50-day simple moving average of GBX 141.98 and a 200 day simple moving average of GBX 148.91. The stock has a market capitalization of £585.38 million, a price-to-earnings ratio of 14.48, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHDGet Free Report) last issued its earnings results on Wednesday, October 1st. The company reported GBX 9.70 earnings per share for the quarter. James Halstead had a return on equity of 23.72% and a net margin of 15.10%. On average, equities research analysts forecast that James Halstead plc will post 10.670194 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider David Drillingcourt purchased 14,753 shares of the stock in a transaction dated Friday, November 14th. The shares were acquired at an average cost of GBX 136 per share, for a total transaction of £20,064.08. Also, insider Gordon Oliver purchased 8,500 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was bought at an average cost of GBX 136 per share, for a total transaction of £11,560. Company insiders own 8.97% of the company’s stock.

About James Halstead

(Get Free Report)

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.

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