James Halstead (LON:JHD) Stock Price Passes Below 200 Day Moving Average of $198.83

James Halstead plc (LON:JHD) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 198.83 ($2.50) and traded as low as GBX 197.50 ($2.48). James Halstead shares last traded at GBX 199.50 ($2.51), with a volume of 159,736 shares traded.

James Halstead Price Performance

The stock has a 50 day simple moving average of GBX 196.92 and a two-hundred day simple moving average of GBX 198.83. The company has a market cap of £840.36 million, a price-to-earnings ratio of 1,813.64, a price-to-earnings-growth ratio of 3.19 and a beta of 0.29. The company has a debt-to-equity ratio of 4.23, a current ratio of 3.47 and a quick ratio of 1.13.

James Halstead Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 16th will be paid a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 1.23%. The ex-dividend date is Thursday, May 16th. James Halstead’s dividend payout ratio (DPR) is currently 7,272.73%.

About James Halstead

James Halstead plc manufactures and supplies flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia, Asia, and internationally. The company offers its products under the Polyflor, Palettone, Camaro, Polysafe, Recofloor, and Expona names. Its products are used in healthcare, education, and retail infrastructures.