James Halstead (LON:JHD) Stock Price Breaks Below Two Hundred Day Moving Average – Here’s What Happened

by · The Markets Daily

James Halstead plc (LON:JHD – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 129.74 and traded as low as GBX 127.80. James Halstead shares last traded at GBX 130.20, with a volume of 613,786 shares.

James Halstead Price Performance

The stock has a market capitalization of £543.83 million, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 3.19 and a beta of 0.29. The company has a current ratio of 3.87, a quick ratio of 1.13 and a debt-to-equity ratio of 4.99. The stock has a 50-day simple moving average of GBX 130.37 and a 200 day simple moving average of GBX 129.75.

James Halstead (LON:JHD – Get Free Report) last issued its earnings results on Wednesday, October 14th. The company reported GBX 8.50 earnings per share for the quarter. James Halstead had a return on equity of 19.54% and a net margin of 13.63%. On average, equities research analysts forecast that James Halstead plc will post 10.67 EPS for the current fiscal year.

About James Halstead

(Get Free Report)

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.

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