James Latham (LON:LTHM) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

James Latham plc (LON:LTHM) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,032.72 and traded as high as GBX 1,070. James Latham shares last traded at GBX 1,042, with a volume of 10,845 shares.

James Latham Stock Performance

The stock has a 50 day moving average of GBX 1,063.36 and a 200 day moving average of GBX 1,032.32. The company has a market capitalization of £209.72 million, a price-to-earnings ratio of 11.26 and a beta of 0.74. The company has a quick ratio of 2.52, a current ratio of 4.22 and a debt-to-equity ratio of 3.35.

James Latham (LON:LTHM) last released its earnings results on Thursday, July 2nd. The company reported GBX 92.50 earnings per share for the quarter. James Latham had a net margin of 4.73% and a return on equity of 8.13%. As a group, analysts predict that James Latham plc will post 105.2631579 EPS for the current year.

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.