James Halstead (LON:JHD) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

James Halstead plc (LON:JHD)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 145.95 and traded as low as GBX 136.31. James Halstead shares last traded at GBX 138, with a volume of 70,038 shares changing hands.

James Halstead Stock Up 1.1%

The stock has a market capitalization of £575.16 million, a P/E ratio of 14.23, a P/E/G ratio of 3.19 and a beta of 0.31. The company’s 50-day moving average price is GBX 138.52 and its 200 day moving average price is GBX 145.95. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.13 and a current ratio of 3.34.

James Halstead (LON:JHD) last issued its earnings results on Wednesday, October 1st. The company reported GBX 9.70 earnings per share for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. As a group, equities analysts expect that James Halstead plc will post 10.670194 earnings per share for the current year.

Insider Transactions at James Halstead

In other James Halstead news, insider Gordon Oliver bought 8,500 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was purchased at an average price of GBX 136 per share, for a total transaction of £11,560. Also, insider David Drillingcourt bought 14,753 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were acquired at an average cost of GBX 136 per share, for a total transaction of £20,064.08. Corporate insiders own 8.98% of the company’s stock.

James Halstead Company Profile

James Halstead (LSE: JHD) is a global manufacturer and supplier of flooring for commercial and domestic purposes. It has manufacturing operations across the United Kingdom, Europe and Scandinavia, Australasia and Asia, and Rest of the World markets and supplies to customers all around the world. The Company’s brands include Polyflor, Palettone, Camaro, Polysafe, Recofloor and Expona.

James Halstead’s strategy is to constantly develop its brand identity and its reputation for quality, product innovation, durability and availability, thereby enhancing and maintaining goodwill with the aim of achieving repeat business.