James Halstead (LON:JHD) Share Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• James Halstead's share price has crossed below its 200-day moving average of GBX 151.21, trading as low as GBX 142 during Monday's session.
• The company's market capitalization stands at £608.12 million and it reported an earnings per share of GBX 9.70 for the last quarter.
• James Halstead, a global manufacturer of flooring, operates across multiple regions including the UK, Europe, and Asia, with a focus on commercial and domestic markets.

Shares of James Halstead plc (LON:JHD - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 151.21 ($2.04) and traded as low as GBX 142 ($1.91). James Halstead shares last traded at GBX 143.50 ($1.93), with a volume of 569,373 shares changing hands.

James Halstead Stock Performance

The business's fifty day moving average is GBX 145.48 and its two-hundred day moving average is GBX 151.21. 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 stock has a market capitalization of £608.12 million, a PE ratio of 1,448.45, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHD - Get Free Report) last posted its earnings results on Wednesday, October 1st. The company reported GBX 9.70 earnings per share for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. As a group, research analysts anticipate that James Halstead plc will post 10.670194 EPS for the current fiscal year.

James Halstead Company Profile

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.

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