James Latham (LON:LTHM) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

James Latham plc (LON:LTHM) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,007.34 and traded as low as GBX 997.60. James Latham shares last traded at GBX 1,008, with a volume of 4,494 shares trading hands.

James Latham Stock Down 0.2%

The firm has a market capitalization of £203.21 million, a price-to-earnings ratio of 11.52 and a beta of 0.74. The company has a current ratio of 5.00, a quick ratio of 2.52 and a debt-to-equity ratio of 3.83. The firm has a 50 day moving average price of GBX 994.59 and a two-hundred day moving average price of GBX 1,007.34.

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.