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James Latham (LON:LTHM) Shares Cross Below 200-Day Moving Average - Here's Why

James Latham logo with Basic Materials background
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Key Points

  • James Latham shares passed below their 200‑day moving average (200‑day MA GBX 1,010.45) during Thursday trading after hitting a low of GBX 1,010; the stock last traded at GBX 1,022.10 on volume of 15,784 shares.
  • The company shows strong liquidity (current ratio 5.00, quick ratio 2.52) but also high leverage (debt‑to‑equity 3.83), with a market cap of £203.62 million and a PE ratio of 11.54.
  • James Latham is an importer and distributor of timber, panels and related decorative and technical surface products across the UK, Ireland and Europe.
  • Interested in James Latham? Here are five stocks we like better.

James Latham plc (LON:LTHM - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,010.45 and traded as low as GBX 1,010. James Latham shares last traded at GBX 1,022.10, with a volume of 15,784 shares changing hands.

James Latham Stock Performance

The company has a debt-to-equity ratio of 3.83, a current ratio of 5.00 and a quick ratio of 2.52. The business has a 50-day simple moving average of GBX 1,020.67 and a 200 day simple moving average of GBX 1,010.45. The firm has a market cap of £203.62 million, a PE ratio of 11.54 and a beta of 0.74.

James Latham Company Profile

(Get Free Report)

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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