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

James Halstead plc (LON:JHD) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 168.07 ($2.24) and traded as low as GBX 161 ($2.14). James Halstead shares last traded at GBX 163 ($2.17), with a volume of 125,161 shares trading hands.

James Halstead Trading Down 0.4%

The company has a debt-to-equity ratio of 3.52, a current ratio of 3.34 and a quick ratio of 1.13. The company’s 50 day moving average is GBX 148.26 and its two-hundred day moving average is GBX 168.03. The firm has a market cap of £678.89 million, a P/E ratio of 16.35, a PEG ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHD) last released its earnings results on Thursday, March 27th. The company reported GBX 5 ($0.07) earnings per share for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. On average, sell-side analysts predict that James Halstead plc will post 10.670194 earnings per share for the current year.

James Halstead Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 8th will be issued a dividend of GBX 2.75 ($0.04) per share. This represents a dividend yield of 1.87%. The ex-dividend date is Thursday, May 8th. James Halstead’s payout ratio is 90.67%.

Insider Transactions at James Halstead

In other James Halstead news, insider Gordon Oliver acquired 5,550 shares of James Halstead stock in a transaction on Monday, April 7th. The shares were purchased at an average cost of GBX 132 ($1.76) per share, with a total value of £7,326 ($9,749.80). Also, insider Russell Whiting acquired 14,363 shares of James Halstead stock in a transaction on Friday, April 11th. The stock was acquired at an average cost of GBX 139 ($1.85) per share, for a total transaction of £19,964.57 ($26,569.83). Company insiders own 49.12% of the company’s stock.

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.