James Latham (LON:LTHM) Stock Passes Above 50 Day Moving Average - Here's Why

James Latham plc (LON:LTHM - Get Free Report)'s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,095.11 ($14.83) and traded as high as GBX 1,154.90 ($15.64). James Latham shares last traded at GBX 1,121.68 ($15.19), with a volume of 16,074 shares.

James Latham Stock Performance

The company has a 50-day moving average of GBX 1,095.11 and a 200 day moving average of GBX 1,106.43. 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 has a market capitalization of £225.59 million, a PE ratio of 10.06 and a beta of 0.83.

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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