James Latham plc (LON:LTHM)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 690 ($9.53) and last traded at GBX 696 ($9.62), with a volume of 3210 shares traded. The stock had previously closed at GBX 715 ($9.88).

Separately, Northland Securities restated a “buy” rating and set a GBX 980 ($13.54) price target on shares of James Latham in a report on Thursday, November 30th.

The company has a market capitalization of $119.59 and a PE ratio of 1,365.38.

In related news, insider Christopher David Sutton sold 595 shares of the stock in a transaction on Thursday, January 11th. The stock was sold at an average price of GBX 840 ($11.61), for a total value of £4,998 ($6,905.22). Also, insider Andrew George Wright purchased 66 shares of the stock in a transaction that occurred on Friday, February 2nd. The stock was bought at an average cost of GBX 793 ($10.96) per share, with a total value of £523.38 ($723.10).

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James Latham Company Profile

James Latham plc is a timber and panel products distributor. The Company is engaged in timber importing and distribution, carried out in approximately 10 locations. The Company offers a range of wood-based panel products, natural acrylic stone, hardwoods, high grade softwoods, flooring, cladding, decking and plastics.

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