James Halstead (LON:JHD) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Key Points

• Shares of James Halstead plc have fallen below their 200-day moving average of GBX 151.96, reaching a low of GBX 140 during trading.
• The company’s stock is down 1.1% and is currently trading at GBX 141.50 ($1.92) with a market capitalization of approximately £605.96 million.
• James Halstead operates as a global manufacturer of flooring products, supplying to various markets including Europe, Australasia, and Asia.

Shares of James Halstead plc (LON:JHD - ) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 151.96 ($2.06) and traded as low as GBX 140 ($1.89). James Halstead shares last traded at GBX 141.50 ($1.92), with a volume of 317,205 shares.

James Halstead Stock Down 1.1%

The firm has a fifty day moving average price of GBX 149.24 and a 200 day moving average price of GBX 151.96. 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 company has a market cap of £605.96 million, a P/E ratio of 1,372.55, a PEG ratio of 3.19 and a beta of 0.31.

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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