James Halstead (LON:JHD) Stock Crosses Below 200-Day Moving Average - Time to Sell?

Key Points

• James Halstead plc's stock price has fallen below its **200-day moving average** of GBX 153.65, reaching a low of GBX 141.50 during trading.
• The company maintains a **debt-to-equity ratio** of 3.52 and a market cap of **£615.94 million**, highlighting its financial position in the market.
• James Halstead is a **global manufacturer** of flooring, with operations across several regions including Europe, Asia, and Australasia, and boasts well-known brands such as **Polyflor** and **Polysafe**.

James Halstead plc (LON:JHD - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 153.65 ($2.07) and traded as low as GBX 141.50 ($1.91). James Halstead shares last traded at GBX 144 ($1.94), with a volume of 201,937 shares changing hands.

James Halstead Price Performance

The company has a debt-to-equity ratio of 3.52, a current ratio of 3.34 and a quick ratio of 1.13. The firm has a market cap of £610.29 million, a PE ratio of 1,382.35, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31. The firm has a 50-day simple moving average of GBX 151.41 and a 200 day simple moving average of GBX 152.95.

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.