James Halstead (LON:JHD) Shares Cross Above 200-Day Moving Average - Should You Sell?

Key Points

• James Halstead plc shares have recently crossed above their 200-day moving average at GBX 151.37 ($2.03), indicating a potential upward trend.
• The company's current stock price is GBX 149 ($2.00) and it experienced a trading volume of 252,031 shares, showing a decline of 2.0%.
• James Halstead has a market capitalization of £644.92 million and a high PE ratio of 1,460.78, suggesting that the stock is highly valued compared to its earnings.

James Halstead plc (LON:JHD - )'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 151.37 ($2.03) and traded as high as GBX 152.50 ($2.04). James Halstead shares last traded at GBX 149 ($2.00), with a volume of 252,031 shares.

James Halstead Trading Down 2.0%

The company has a market capitalization of £644.92 million, a PE ratio of 1,460.78, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31. 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's 50 day moving average is GBX 146.70 and its two-hundred day moving average is GBX 151.37.

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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