James Halstead (LON:JHD) Shares Cross Below 200-Day Moving Average - Here's What Happened

Key Points

• Shares of James Halstead plc fell below their 200-day moving average during trading, closing at GBX 146.50 ($1.96) after reaching a low of GBX 140.88 ($1.88).
• The company's recent earnings report highlighted a quarterly EPS of GBX 9.70, with a net margin of 15.10% and a return on equity of 23.72%.
• James Halstead has a market capitalization of £633.01 million and a debt-to-equity ratio of 3.52, indicating a solid financial position despite fluctuating stock performance.

Shares of James Halstead plc (LON:JHD - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 151.02 ($2.02) and traded as low as GBX 140.88 ($1.88). James Halstead shares last traded at GBX 146.50 ($1.96), with a volume of 1,231,067 shares trading hands.

James Halstead Price Performance

The firm's fifty day simple moving average is GBX 144.33 and its 200-day simple moving average is GBX 151.02. The firm has a market capitalization of £633.01 million, a PE ratio of 15.08, a PEG 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.

James Halstead (LON:JHD - Get Free Report) last announced its quarterly 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%. On average, research analysts forecast that James Halstead plc will post 10.670194 earnings per share 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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