James Latham (LON:LTHM) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

James Latham plc (LON:LTHM)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,095.30 ($14.72) and traded as low as GBX 1,090 ($14.65). James Latham shares last traded at GBX 1,090 ($14.65), with a volume of 12,046 shares.

James Latham Stock Performance

The company has a market capitalization of £222.16 million, a price-to-earnings ratio of 1,225.81 and a beta of 0.83. The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.03. The stock’s fifty day simple moving average is GBX 1,131.59 and its 200-day simple moving average is GBX 1,095.30.

James Latham (LON:LTHM) last released its earnings results on Thursday, June 26th. The company reported GBX 90.10 earnings per share (EPS) for the quarter. James Latham had a net margin of 6.18% and a return on equity of 10.82%. Analysts predict that James Latham plc will post 105.2631579 EPS for the current year.

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.