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

Shares of James Halstead plc (LON:JHD) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 162.56 ($2.18) and traded as low as GBX 158 ($2.12). James Halstead shares last traded at GBX 160 ($2.15), with a volume of 262,336 shares changing hands.

James Halstead Stock Performance

The stock has a fifty day simple moving average of GBX 156.16 and a two-hundred day simple moving average of GBX 162.56. The stock has a market cap of £669.27 million, a price-to-earnings ratio of 16.12, a P/E/G ratio of 3.19 and a beta of 0.31. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.13 and a current ratio of 3.34.

James Halstead (LON:JHD) last issued its earnings results on Thursday, March 27th. The company reported GBX 5 ($0.07) earnings per share for the quarter. James Halstead had a return on equity of 23.72% and a net margin of 15.10%. Analysts expect that James Halstead plc will post 10.670194 EPS for the current fiscal year.

James Halstead Cuts Dividend

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

Insider Activity at James Halstead

In other news, insider Russell Whiting acquired 14,363 shares of the business’s stock in a transaction that occurred on Friday, April 11th. The shares were bought at an average price of GBX 139 ($1.87) per share, with a total value of £19,964.57 ($26,801.68). Also, insider Gordon Oliver acquired 5,550 shares of the business’s stock in a transaction that occurred on Monday, April 7th. The shares were purchased at an average cost of GBX 132 ($1.77) per share, for a total transaction of £7,326 ($9,834.88). 49.12% of the stock is currently owned by company insiders.

About James Halstead

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.