James Halstead (LON:JHD) Sets New 12-Month Low – What’s Next?

James Halstead plc (LON:JHD)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 125.50 and last traded at GBX 126.50, with a volume of 1067320 shares changing hands. The stock had previously closed at GBX 129.

James Halstead Trading Down 2.7%

The business has a 50 day simple moving average of GBX 135.99 and a 200-day simple moving average of GBX 139.37. The company has a current ratio of 3.77, a quick ratio of 1.13 and a debt-to-equity ratio of 2.69. The stock has a market capitalization of £522.60 million, a price-to-earnings ratio of 12.94, a price-to-earnings-growth ratio of 3.19 and a beta of 0.19.

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.