James Latham (LON:LTHM) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of James Latham plc (LON:LTHM) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,056.99 and traded as low as GBX 963. James Latham shares last traded at GBX 969.74, with a volume of 5,675 shares trading hands.

James Latham Stock Performance

The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.03. The company has a market capitalization of £197.57 million, a price-to-earnings ratio of 11.20 and a beta of 0.83. The stock’s fifty day simple moving average is GBX 1,002.24 and its 200-day simple moving average is GBX 1,055.10.

James Latham (LON:LTHM) last posted its quarterly earnings data on Thursday, November 27th. The company reported GBX 47.90 earnings per share for the quarter. James Latham had a return on equity of 10.82% and a net margin of 6.18%. Analysts predict that James Latham plc will post 105.2631579 EPS for the current year.

Insider Activity at James Latham

In other news, insider Andrew George Wright acquired 486 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were bought at an average cost of GBX 925 per share, with a total value of £4,495.50. Corporate insiders own 18.92% of the company’s stock.

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.