James Latham (LON:LTHM) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

James Latham plc (LON:LTHM)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,056.99 and traded as low as GBX 963. James Latham shares last traded at GBX 969.74, with a volume of 5,675 shares.

James Latham Stock Performance

The company has a debt-to-equity ratio of 4.03, a current ratio of 5.43 and a quick ratio of 2.52. The stock has a 50-day moving average price of GBX 1,003.61 and a 200-day moving average price of GBX 1,056.99. The company has a market capitalization of £195.50 million, a price-to-earnings ratio of 11.08 and a beta of 0.83.

James Latham (LON:LTHM) last announced its quarterly 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%. As a group, analysts forecast that James Latham plc will post 105.2631579 earnings per share for the current year.

Insider Activity at James Latham

In other James Latham news, insider Andrew George Wright acquired 486 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were acquired at an average cost of GBX 925 per share, with a total value of £4,495.50. 18.92% of the stock is owned by corporate insiders.

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.