James Latham (LON:LTHM) Share Price Passes Below 200 Day Moving Average - Here's What Happened

Key Points

• James Latham plc shares have crossed below their 200-day moving average of GBX 1,094.01, with the stock trading as low as GBX 1,033.20.
• The company's market capitalization stands at £209.26 million, with a notably high PE ratio of 1,154.62.
• James Latham's most recent earnings report indicated an earnings per share of GBX 90.10, with analysts expecting around 105.26 earnings per share for the current year.

Shares of James Latham plc (LON:LTHM - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,094.01 ($14.79) and traded as low as GBX 1,033.20 ($13.96). James Latham shares last traded at GBX 1,038 ($14.03), with a volume of 5,160 shares trading hands.

James Latham Trading Down 1.3%

The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.03. The company has a market capitalization of £207.85 million, a P/E ratio of 1,146.83 and a beta of 0.83. The business has a 50 day moving average price of GBX 1,113.94 and a 200 day moving average price of GBX 1,095.09.

James Latham (LON:LTHM - Get Free Report) last issued its quarterly earnings data on Thursday, June 26th. The company reported GBX 90.10 earnings per share (EPS) for the quarter. James Latham had a return on equity of 10.82% and a net margin of 6.18%. Analysts anticipate that James Latham plc will post 105.2631579 EPS for the current year.

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.