James Halstead (LON:JHD) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

James Halstead plc (LON:JHD)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 184.67 ($2.32) and traded as low as GBX 176 ($2.21). James Halstead shares last traded at GBX 179 ($2.25), with a volume of 188,536 shares trading hands.

James Halstead Stock Performance

The company has a quick ratio of 1.13, a current ratio of 3.34 and a debt-to-equity ratio of 3.63. The business has a 50 day moving average price of GBX 189.22 and a 200 day moving average price of GBX 184.55. The stock has a market cap of £735.63 million, a P/E ratio of 1,765.00, a PEG ratio of 3.19 and a beta of 0.31.

James Halstead Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 14th were paid a GBX 6 ($0.08) dividend. This is a positive change from James Halstead’s previous dividend of $2.50. The ex-dividend date of this dividend was Thursday, November 14th. This represents a yield of 3.39%. James Halstead’s dividend payout ratio (DPR) is presently 9,000.00%.

About James Halstead

James Halstead plc manufactures and supplies flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia, Asia, and internationally. The company offers its products under the Polyflor, Palettone, Camaro, Polysafe, Recofloor, and Expona names. Its products are used in healthcare, education, and retail infrastructures.