James Halstead (LON:JHD) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

James Halstead plc (LON:JHD) 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 trading hands.

James Halstead Stock Performance

The company’s fifty day moving average is GBX 138.43 and its 200 day moving average is GBX 145.80. The company 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 has a current ratio of 3.34, a quick ratio of 1.13 and a debt-to-equity ratio of 3.52.

James Halstead (LON:JHD) last issued its earnings results on Wednesday, October 1st. The company reported GBX 9.70 earnings per share (EPS) 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 anticipate that James Halstead plc will post 10.670194 earnings per share for the current year.

Insider Transactions at James Halstead

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

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.