James Halstead (LON:JHD) Stock Crosses Below 200-Day Moving Average – Time to Sell?

James Halstead plc (LON:JHD)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 133.47 and traded as low as GBX 125.80. James Halstead shares last traded at GBX 126.20, with a volume of 246,960 shares changing hands.

James Halstead Stock Performance

The stock has a market cap of £525.51 million, a P/E ratio of 13.87, a PEG ratio of 3.19 and a beta of 0.30. 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 firm’s 50-day moving average price is GBX 131.92 and its 200-day moving average price is GBX 133.47.

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

About James Halstead

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.