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James Latham (LON:LTHM) Shares Pass Below 200-Day Moving Average - Should You Sell?

James Latham logo with Basic Materials background

Shares of James Latham plc (LON:LTHM - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,134.65 ($15.35) and traded as low as GBX 1,111.55 ($15.04). James Latham shares last traded at GBX 1,130 ($15.29), with a volume of 10,394 shares changing hands.

James Latham Stock Performance

The stock has a market capitalization of £215.64 million, a P/E ratio of 9.61 and a beta of 0.83. The company has a debt-to-equity ratio of 4.03, a quick ratio of 2.52 and a current ratio of 5.43. The company's fifty day simple moving average is GBX 1,059.37 and its two-hundred day simple moving average is GBX 1,127.82.

About James Latham

(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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