James Halstead (LON:JHD) Shares Cross Above 200 Day Moving Average – Here’s What Happened

James Halstead plc (LON:JHD)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 134.45 and traded as high as GBX 135. James Halstead shares last traded at GBX 133, with a volume of 1,265,164 shares.

James Halstead Stock Up 0.3%

The company has a current ratio of 4.13, a quick ratio of 1.13 and a debt-to-equity ratio of 5.06. The stock’s fifty day moving average price is GBX 129.48 and its 200 day moving average price is GBX 134.45. The stock has a market cap of £555.49 million, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 3.19 and a beta of 0.23.

James Halstead (LON:JHD) last released its earnings results on Tuesday, March 31st. The company reported GBX 4.40 EPS for the quarter. James Halstead had a net margin of 14.59% and a return on equity of 20.94%. The company had revenue of £127.20 million for the quarter. As a group, research analysts forecast that James Halstead plc will post 10.670194 earnings per share for the current fiscal year.

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.