James Latham (LON:LTHM) Shares Cross Below 200-Day Moving Average – Here’s Why

James Latham plc (LON:LTHM)’s share price crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 1,037.53 and traded as low as GBX 1,030. James Latham shares last traded at GBX 1,035, with a volume of 9,566 shares changing hands.

James Latham Trading Up 0.6%

The company has a quick ratio of 2.52, a current ratio of 4.22 and a debt-to-equity ratio of 3.35. The company has a market cap of £209.87 million, a P/E ratio of 11.27 and a beta of 0.73. The business has a fifty day moving average price of GBX 1,058.63 and a 200-day moving average price of GBX 1,037.53.

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.