James Latham (LON:LTHM) Shares Pass Below 200 Day Moving Average of $1,281.59

James Latham plc (LON:LTHMGet Rating)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,281.59 ($15.49) and traded as low as GBX 1,106 ($13.36). James Latham shares last traded at GBX 1,120 ($13.53), with a volume of 1,719 shares trading hands.

James Latham Stock Up 0.9 %

The firm’s 50 day simple moving average is GBX 1,260.37 and its 200 day simple moving average is GBX 1,281.59. The company has a market cap of £223.45 million and a price-to-earnings ratio of 491.23. The company has a quick ratio of 1.97, a current ratio of 3.42 and a debt-to-equity ratio of 3.05.

James Latham Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 2nd. Shareholders of record on Thursday, August 4th were paid a GBX 27 ($0.33) dividend. The ex-dividend date of this dividend was Thursday, August 4th. This represents a dividend yield of 2%. This is a positive change from James Latham’s previous dividend of $6.50. James Latham’s dividend payout ratio (DPR) is presently 9.65%.

Insider Buying and Selling at James Latham

In other news, insider Nick Latham purchased 799 shares of the company’s stock in a transaction on Monday, September 5th. The shares were bought at an average price of GBX 1,145 ($13.84) per share, for a total transaction of £9,148.55 ($11,054.31).

About James Latham

(Get Rating)

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, solid surface products, door blanks, plastics, hardwoods, engineered timber products, softwoods, flooring products, decking and cladding products, modified timbers and panels, fire retardant panels, advanced technical panels, and treatments, as well as architectural moldings and components.

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