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

James Halstead plc (LON:JHD) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 129.43 and traded as low as GBX 129. James Halstead shares last traded at GBX 133.20, with a volume of 1,131,856 shares traded.

James Halstead Price Performance

The stock’s 50-day moving average price is GBX 125.05 and its 200 day moving average price is GBX 129.42. The firm has a market cap of £548.83 million, a price-to-earnings ratio of 14.48, a price-to-earnings-growth ratio of 3.19 and a beta of 0.29. The company has a quick ratio of 1.13, a current ratio of 4.13 and a debt-to-equity ratio of 5.06.

About James Halstead

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.