James Latham (LON:LTHM) Stock Crosses Below 200 Day Moving Average - Here's What Happened

Key Points

• Shares of James Latham crossed below its 200‑day moving average, trading as low as GBX 960 and last at GBX 971.60 versus a 200‑day MA of GBX 1,013.25 on Monday (volume 2,854).
• Insiders have been buying recently: Nick and Piers Latham purchased shares at GBX 980 on Jan 28, insiders bought 996 shares over the past 90 days (reported value $976,080) and collectively own 18.94% of the company.
• James Latham is valued at a market cap of £195.96m with a PE of 11.11, a high debt‑to‑equity ratio of 3.83 but strong liquidity (current ratio 5.00, quick ratio 2.52) and a low beta of 0.67.

Shares of James Latham plc (LON:LTHM - ) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,013.25 and traded as low as GBX 960. James Latham shares last traded at GBX 971.60, with a volume of 2,854 shares changing hands.

James Latham Stock Performance

The company's fifty day moving average price is GBX 1,026.08 and its 200 day moving average price is GBX 1,013.25. The company has a market cap of £195.96 million, a PE ratio of 11.11 and a beta of 0.67. The company has a debt-to-equity ratio of 3.83, a current ratio of 5.00 and a quick ratio of 2.52.

Insiders Place Their Bets

In other James Latham news, insider Nick Latham purchased 339 shares of the firm's stock in a transaction that occurred on Wednesday, January 28th. The stock was bought at an average cost of GBX 980 per share, with a total value of £3,322.20. Also, insider Piers Latham purchased 300 shares of the firm's stock in a transaction that occurred on Wednesday, January 28th. The shares were acquired at an average cost of GBX 980 per share, with a total value of £2,940. Over the last ninety days, insiders purchased 996 shares of company stock valued at $976,080. Insiders own 18.94% of the company's stock.

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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