James Latham (LON:LTHM) Stock Breaks Above 200 Day Moving Average – Here’s What Happened

James Latham plc (LON:LTHM) shares crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 1,034.04 and traded as high as GBX 1,049.60. James Latham shares last traded at GBX 1,046.50, with a volume of 3,712 shares trading hands.

James Latham Trading Up 1.1%

The business’s 50 day moving average is GBX 1,061.75 and its two-hundred day moving average is GBX 1,034.04. The company has a quick ratio of 2.52, a current ratio of 4.22 and a debt-to-equity ratio of 3.35. The firm has a market capitalization of £210.97 million, a P/E ratio of 11.33 and a beta of 0.74.

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.