James Latham (LON:LTHM) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of James Latham plc (LON:LTHM) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,069.33 and traded as low as GBX 970. James Latham shares last traded at GBX 989, with a volume of 38,101 shares.

James Latham Stock Up 0.4%

The firm has a market capitalization of £199.38 million, a P/E ratio of 11.30 and a beta of 0.83. The company has a debt-to-equity ratio of 4.03, a quick ratio of 2.52 and a current ratio of 5.43. The stock has a 50 day moving average of GBX 1,014.74 and a 200-day moving average of GBX 1,069.33.

James Latham (LON:LTHM) last posted its earnings results on Thursday, November 27th. The company reported GBX 47.90 earnings per share for the quarter. James Latham had a net margin of 6.18% and a return on equity of 10.82%. Research analysts predict that James Latham plc will post 105.2631579 earnings per share for the current fiscal year.

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.