James Halstead (LON:JHD) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

James Halstead plc (LON:JHD)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 145.95 and traded as low as GBX 136.31. James Halstead shares last traded at GBX 138, with a volume of 70,038 shares trading hands.

James Halstead Trading Up 1.1%

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 firm has a market cap of £575.16 million, a P/E ratio of 14.23, a P/E/G ratio of 3.19 and a beta of 0.31. The stock has a 50 day simple moving average of GBX 138.52 and a 200-day simple moving average of GBX 145.95.

James Halstead (LON:JHD) last announced its quarterly earnings results on Wednesday, October 1st. The company reported GBX 9.70 earnings per share for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. On average, equities research analysts expect that James Halstead plc will post 10.670194 EPS for the current fiscal year.

Insider Activity

In related news, insider David Drillingcourt purchased 14,753 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was bought at an average price of GBX 136 per share, for a total transaction of £20,064.08. Also, insider Gordon Oliver acquired 8,500 shares of James Halstead stock in a transaction on Friday, November 14th. The shares were bought at an average cost of GBX 136 per share, for a total transaction of £11,560. 8.98% of the stock is currently owned by corporate insiders.

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.