James Halstead (LON:JHD) Stock Passes Below Two Hundred Day Moving Average - Should You Sell?

Shares of James Halstead plc (LON:JHD - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 169.79 ($2.25) and traded as low as GBX 149 ($1.98). James Halstead shares last traded at GBX 152.50 ($2.02), with a volume of 324,006 shares.

James Halstead Stock Performance

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 £665.09 million, a P/E ratio of 16.02, a P/E/G ratio of 3.19 and a beta of 0.31. The business has a fifty day moving average price of GBX 147.20 and a 200-day moving average price of GBX 168.99.

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

James Halstead Cuts Dividend

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

Insider Activity

In related news, insider Russell Whiting bought 14,363 shares of the firm's stock in a transaction that occurred on Friday, April 11th. The shares were bought at an average cost of GBX 139 ($1.84) per share, with a total value of £19,964.57 ($26,492.26). Also, insider Gordon Oliver acquired 5,550 shares of the stock in a transaction dated Monday, April 7th. The shares were bought at an average cost of GBX 132 ($1.75) per share, for a total transaction of £7,326 ($9,721.34). Insiders own 49.12% of the company's stock.

About James Halstead

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.