James Latham (LON:LTHM) Stock Passes Below 200-Day Moving Average – Time to Sell?

James Latham plc (LON:LTHM) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,094.01 ($14.74) and traded as low as GBX 1,033.20 ($13.92). James Latham shares last traded at GBX 1,038 ($13.99), with a volume of 5,160 shares.

James Latham Price Performance

The company has a market capitalization of £209.26 million, a PE ratio of 1,154.62 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 has a fifty day simple moving average of GBX 1,115.12 and a 200-day simple moving average of GBX 1,094.01.

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

About James Latham

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.