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

James Latham plc (LON:LTHM) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,257.56 ($15.95) and traded as low as GBX 1,080 ($13.70). James Latham shares last traded at GBX 1,080 ($13.70), with a volume of 6,121 shares trading hands.

James Latham Trading Down 1.4 %

The stock has a fifty day simple moving average of GBX 1,141.87 and a 200 day simple moving average of GBX 1,257.56. 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 firm has a market cap of £213.34 million, a P/E ratio of 9.51 and a beta of 0.83.

James Latham (LON:LTHM) last issued its quarterly earnings data on Thursday, November 28th. The company reported GBX 50.50 ($0.64) EPS for the quarter. James Latham had a return on equity of 10.82% and a net margin of 6.18%. On average, research analysts expect that James Latham plc will post 105.2631579 earnings per share for the current fiscal year.

James Latham Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Thursday, January 2nd were given a dividend of GBX 7.95 ($0.10) per share. The ex-dividend date was Thursday, January 2nd. This represents a yield of 0.62%. James Latham’s dividend payout ratio (DPR) is 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.