James Latham plc (LON:LTHM) Insider Andrew George Wright Sells 8,687 Shares

James Latham plc (LON:LTHM) insider Andrew George Wright sold 8,687 shares of the business’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of GBX 1,160 ($14.33), for a total value of £100,769.20 ($124,467.89).

James Latham Stock Performance

Shares of LON LTHM traded down GBX 25 ($0.31) during midday trading on Wednesday, reaching GBX 1,135 ($14.02). The company’s stock had a trading volume of 6,801 shares, compared to its average volume of 9,747. James Latham plc has a 12-month low of GBX 929 ($11.47) and a 12-month high of GBX 1,320 ($16.30). The firm has a 50 day moving average price of GBX 1,129.84 and a 200-day moving average price of GBX 1,101.83. The stock has a market capitalization of £228.82 million, a P/E ratio of 803.83 and a beta of 0.75. The company has a debt-to-equity ratio of 3.08, a current ratio of 5.47 and a quick ratio of 2.52.

James Latham Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 26th. Shareholders of record on Thursday, January 4th were issued a dividend of GBX 7.75 ($0.10) per share. The ex-dividend date was Thursday, January 4th. This represents a yield of 0.75%. James Latham’s payout ratio is 2,000.00%.

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.