James Latham (LON:LTHM) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

James Latham plc (LON:LTHM)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,021.37 and traded as low as GBX 924. James Latham shares last traded at GBX 953.34, with a volume of 32,611 shares trading hands.

James Latham Stock Performance

The company has a market capitalization of £192.73 million, a price-to-earnings ratio of 10.93 and a beta of 0.67. The stock has a fifty day moving average price of GBX 1,026.60 and a two-hundred day moving average price of GBX 1,020.42. The company has a quick ratio of 2.52, a current ratio of 5.00 and a debt-to-equity ratio of 3.83.

Insider Buying and Selling

In other news, insider Andrew George Wright bought 56 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The stock was purchased at an average price of GBX 980 per share, with a total value of £548.80. Also, insider David A. Dunmow bought 301 shares of James Latham stock in a transaction on Wednesday, January 28th. The stock was purchased at an average price of GBX 980 per share, for a total transaction of £2,949.80. In the last 90 days, insiders have bought 1,482 shares of company stock worth $1,425,630. 18.94% of the stock is owned by company insiders.

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.