James Halstead (LON:JHD) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Shares of James Halstead plc (LON:JHD) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 132.02 and traded as low as GBX 124.40. James Halstead shares last traded at GBX 125, with a volume of 856,744 shares trading hands.

James Halstead Stock Down 1.1%

The company has a debt-to-equity ratio of 5.06, a current ratio of 4.13 and a quick ratio of 1.13. The stock has a market capitalization of £520.51 million, a P/E ratio of 13.74, a PEG ratio of 3.19 and a beta of 0.29. The stock’s fifty day moving average is GBX 131.34 and its two-hundred day moving average is GBX 132.02.

James Halstead (LON:JHD) last posted its quarterly earnings results on Tuesday, March 31st. The company reported GBX 4.40 earnings per share (EPS) for the quarter. The company had revenue of £127.20 million for the quarter. James Halstead had a return on equity of 20.94% and a net margin of 14.59%. As a group, research analysts predict that James Halstead plc will post 10.670194 earnings per share for the current fiscal year.

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.

James Halstead’s strategy is to constantly develop its brand identity and its reputation for quality, product innovation, durability and availability, thereby enhancing and maintaining goodwill with the aim of achieving repeat business.