James Latham (LON:LTHM) Share Price Crosses Below 200-Day Moving Average - Time to Sell?

James Latham plc (LON:LTHM - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,183.89 ($15.75) and traded as low as GBX 1,020 ($13.57). James Latham shares last traded at GBX 1,069 ($14.22), with a volume of 7,110 shares trading hands.

James Latham Trading Up 1.4 %

The company has a quick ratio of 2.52, a current ratio of 5.43 and a debt-to-equity ratio of 4.03. The firm's fifty day moving average is GBX 1,054.22 and its two-hundred day moving average is GBX 1,177.18. The firm has a market cap of £207.42 million, a P/E ratio of 9.25 and a beta of 0.83.

James Latham Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Thursday, January 2nd were given a dividend of GBX 7.95 ($0.11) per share. This represents a dividend yield of 0.62%. The ex-dividend date of this dividend was Thursday, January 2nd. James Latham's dividend payout ratio is currently 29.95%.

James Latham Company Profile

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.