James Halstead (LON:JHD) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

James Halstead plc (LON:JHD)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 146.78 and traded as low as GBX 134. James Halstead shares last traded at GBX 134, with a volume of 332,529 shares changing hands.

James Halstead Trading Up 0.4%

The company has a quick ratio of 1.13, a current ratio of 3.34 and a debt-to-equity ratio of 3.52. The firm’s 50 day moving average is GBX 139.14 and its two-hundred day moving average is GBX 146.78. The stock has a market cap of £560.58 million, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHD) last issued its earnings results on Wednesday, October 1st. The company reported GBX 9.70 EPS for the quarter. James Halstead had a return on equity of 23.72% and a net margin of 15.10%. Equities analysts anticipate that James Halstead plc will post 10.670194 EPS for the current year.

Insiders Place Their Bets

In related news, insider Gordon Oliver acquired 8,500 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was purchased at an average cost of GBX 136 per share, for a total transaction of £11,560. Also, insider David Drillingcourt bought 14,753 shares of the business’s stock in a transaction on Friday, November 14th. The stock was bought at an average price of GBX 136 per share, for a total transaction of £20,064.08. 8.98% of the stock is owned by corporate 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.