James Latham (LON:LTHM) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

James Latham plc (LON:LTHM)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,063.06 and traded as low as GBX 953.50. James Latham shares last traded at GBX 968, with a volume of 20,716 shares traded.

James Latham Trading Up 1.0%

The stock’s fifty day simple moving average is GBX 1,012.85 and its 200-day simple moving average is GBX 1,063.06. The firm has a market cap of £196.56 million, a PE ratio of 11.14 and a beta of 0.83. The company has a debt-to-equity ratio of 4.03, a current ratio of 5.43 and a quick ratio of 2.52.

James Latham (LON:LTHM) last released its earnings results on Thursday, November 27th. The company reported GBX 47.90 earnings per share (EPS) for the quarter. James Latham had a return on equity of 10.82% and a net margin of 6.18%. On average, sell-side analysts forecast 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.