James Latham (LON:LTHM) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

James Latham plc (LON:LTHM) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,008.38 and traded as high as GBX 1,021. James Latham shares last traded at GBX 1,012, with a volume of 12,023 shares traded.

James Latham Price Performance

The company has a debt-to-equity ratio of 3.83, a current ratio of 5.00 and a quick ratio of 2.52. The company has a market cap of £219.74 million, a PE ratio of 12.46 and a beta of 0.72. The company has a 50-day moving average price of GBX 1,017.17 and a two-hundred day moving average price of GBX 1,009.05.

James Latham (LON:LTHM) last announced its earnings results on Thursday, July 2nd. The company reported GBX 92.50 EPS for the quarter. James Latham had a return on equity of 7.92% and a net margin of 4.68%. Sell-side analysts expect that James Latham plc will post 105.2631579 earnings per share for the current fiscal year.

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.