James Latham (LON:LTHM) Shares Pass Below 200 Day Moving Average – What’s Next?

James Latham plc (LON:LTHM)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,284.52 ($15.87) and traded as low as GBX 1,102 ($13.62). James Latham shares last traded at GBX 1,102 ($13.62), with a volume of 8,664 shares trading hands.

James Latham Trading Down 1.0 %

The stock has a market capitalization of £222.57 million, a PE ratio of 976.99 and a beta of 0.83. The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.30. The firm has a 50-day moving average price of GBX 1,171.90 and a 200-day moving average price of GBX 1,284.52.

James Latham (LON:LTHM) last announced its quarterly earnings data on Thursday, November 28th. The company reported GBX 50.50 ($0.62) EPS for the quarter. James Latham had a net margin of 6.18% and a return on equity of 11.03%. As a group, equities analysts forecast that James Latham plc will post 105.2631579 EPS for the current fiscal year.

James Latham Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Thursday, January 2nd were paid a GBX 7.95 ($0.10) dividend. The ex-dividend date was Thursday, January 2nd. This represents a yield of 0.62%. James Latham’s payout ratio is 3,008.85%.

About James Latham

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.