James Halstead (LON:JHD) Stock Price Passes Below Two Hundred Day Moving Average - Time to Sell?

James Halstead plc (LON:JHD - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 162.56 ($2.19) and traded as low as GBX 158 ($2.12). James Halstead shares last traded at GBX 160 ($2.15), with a volume of 262,336 shares changing hands.

James Halstead Trading Down 2.5%

The stock has a market cap of £656.72 million, a P/E ratio of 15.82, a P/E/G ratio of 3.19 and a beta of 0.31. The company has a current ratio of 3.34, a quick ratio of 1.13 and a debt-to-equity ratio of 3.52. The company has a 50-day moving average price of GBX 157.53 and a two-hundred day moving average price of GBX 162.03.

James Halstead (LON:JHD - Get Free Report) last released its earnings results on Thursday, March 27th. The company reported GBX 5 ($0.07) earnings per share for the quarter. James Halstead had a return on equity of 23.72% and a net margin of 15.10%. On average, research analysts expect that James Halstead plc will post 10.670194 EPS for the current fiscal year.

James Halstead Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 8th were paid a GBX 2.75 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a yield of 1.87%. James Halstead's payout ratio is 90.67%.

Insiders Place Their Bets

In other James Halstead news, insider Gordon Oliver bought 5,550 shares of James Halstead stock in a transaction on Monday, April 7th. The shares were acquired at an average price of GBX 132 ($1.78) per share, for a total transaction of £7,326 ($9,852.07). Also, insider Russell Whiting bought 14,363 shares of James Halstead stock in a transaction on Friday, April 11th. The stock was acquired at an average price of GBX 139 ($1.87) per share, for a total transaction of £19,964.57 ($26,848.53). Insiders own 49.12% of the company's stock.

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.