James Halstead (LON:JHD) Share Price Crosses Below 200-Day Moving Average - Here's What Happened

Key Points

• James Halstead's stock price fell below its 200-day moving average of GBX 151.36, reaching a low of GBX 138.50 during trading.
• The company has reported a debt-to-equity ratio of 3.52 and a market capitalization of £605.96 million.
• James Halstead is a global manufacturer and supplier of flooring, with operations spanning across the UK, Europe, and Asia.

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 151.36 ($2.05) and traded as low as GBX 138.50 ($1.87). James Halstead shares last traded at GBX 140 ($1.89), with a volume of 442,512 shares.

James Halstead Trading Down 1.4%

The company has a market cap of £625.44 million, a price-to-earnings ratio of 1,416.67, a P/E/G ratio of 3.19 and a beta of 0.31. The business has a fifty day simple moving average of GBX 147.02 and a 200 day simple moving average of GBX 151.31. The company has a quick ratio of 1.13, a current ratio of 3.34 and a debt-to-equity ratio of 3.52.

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.