James Halstead (LON:JHD) Stock Passes Below 200-Day Moving Average - Should You Sell?

James Halstead plc (LON:JHD - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 160.11 ($2.19) and traded as low as GBX 158.50 ($2.16). James Halstead shares last traded at GBX 160 ($2.18), with a volume of 201,567 shares.

James Halstead Price Performance

The firm has a 50 day moving average price of GBX 159.64 and a 200 day moving average price of GBX 160.11. The stock has a market capitalization of £669.27 million, a PE ratio of 16.12, a price-to-earnings-growth 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.

Insider Transactions at James Halstead

In other news, insider Russell Whiting bought 14,363 shares of James Halstead stock in a transaction that occurred on Friday, April 11th. The stock was bought at an average cost of GBX 139 ($1.90) per share, with a total value of £19,964.57 ($27,255.39). Also, insider Gordon Oliver bought 5,550 shares of the firm's stock in a transaction on Monday, April 7th. The shares were purchased at an average price of GBX 132 ($1.80) per share, for a total transaction of £7,326 ($10,001.37). Corporate 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.