James Halstead (LON:JHD) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of James Halstead plc (LON:JHD) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 140.62 and traded as low as GBX 132. James Halstead shares last traded at GBX 133, with a volume of 476,908 shares traded.

James Halstead Stock Up 1.9%

The company has a market capitalization of £564.24 million, a P/E ratio of 13.97, a PEG 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. The stock has a 50 day moving average price of GBX 137.35 and a 200 day moving average price of GBX 140.62.

James Halstead Company Profile

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.