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

James Latham plc (LON:LTHM)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,026.05 and traded as low as GBX 1,022. James Latham shares last traded at GBX 1,030, with a volume of 51,830 shares changing hands.

James Latham Price Performance

The company has a quick ratio of 2.52, a current ratio of 5.00 and a debt-to-equity ratio of 3.83. The stock has a market cap of £207.65 million, a P/E ratio of 11.77 and a beta of 0.67. The business’s 50-day simple moving average is GBX 1,027.26 and its two-hundred day simple moving average is GBX 1,026.05.

Insider Buying and Selling at James Latham

In other James Latham news, insider Nick Latham purchased 339 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The shares were bought at an average cost of GBX 980 per share, for a total transaction of £3,322.20. Also, insider Piers Latham acquired 300 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The stock was acquired at an average cost of GBX 980 per share, with a total value of £2,940. Over the last 90 days, insiders have purchased 1,482 shares of company stock valued at $1,425,630. 18.94% of the stock is owned by corporate insiders.

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.