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

Shares of James Halstead plc (LON:JHD) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 133.04 and traded as low as GBX 124. James Halstead shares last traded at GBX 124.20, with a volume of 586,674 shares.

James Halstead Trading Up 3.7%

The company has a market capitalization of £536.34 million, a P/E ratio of 14.15, a P/E/G ratio of 3.19 and a beta of 0.29. The stock’s 50 day moving average is GBX 132.64 and its 200-day moving average is GBX 133.01. The company has a debt-to-equity ratio of 5.06, a current ratio of 4.13 and a quick ratio of 1.13.

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