James Latham (LON:LTHM) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Key Points

• James Latham's share price fell below its 200-day moving average, trading at GBX 1,048 ($13.94), compared to the moving average of GBX 1,095.18 ($14.57).
• The company has a market capitalization of £211.48 million and a high price-to-earnings (PE) ratio of 1,166.85.
• James Latham plc specializes in the importing and distribution of a wide range of timber and related products across the UK and internationally.

James Latham plc (LON:LTHM - )'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,095.18 ($14.57) and traded as low as GBX 1,020.80 ($13.58). James Latham shares last traded at GBX 1,048 ($13.94), with a volume of 14,218 shares changing hands.

James Latham Stock Performance

The company has a market cap of £211.48 million, a PE ratio of 1,166.85 and a beta of 0.83. The company has a debt-to-equity ratio of 4.03, a current ratio of 5.43 and a quick ratio of 2.52. The business has a 50-day moving average of GBX 1,084.85 and a 200 day moving average of GBX 1,095.18.

About James Latham

James Latham plc, together with its subsidiaries, engages in the importing and distribution of timber, panels, and decorative surfaces in the United Kingdom, the Republic of Ireland, rest of Europe, and internationally. The company offers panels, melamine, veneer, laminates, washroom collection, solid surface products, door blanks, plastics, hardwoods, engineered timber products, softwoods, flooring products, decking and timber cladding products, modified timbers and panels, fire retardant panels, advanced technical panels, and treatments, as well as architectural moldings and components.

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