James Halstead (LON:JHD) Stock Crosses Below 200 Day Moving Average – Should You Sell?

James Halstead plc (LON:JHD) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 129.95 and traded as low as GBX 120. James Halstead shares last traded at GBX 120, with a volume of 577,381 shares changing hands.

James Halstead Trading Down 0.8%

The firm’s 50-day moving average is GBX 125.45 and its 200 day moving average is GBX 129.95. The company has a current ratio of 4.13, a quick ratio of 1.13 and a debt-to-equity ratio of 5.06. The firm has a market capitalization of £499.69 million, a price-to-earnings ratio of 13.19, a P/E/G ratio of 3.19 and a beta of 0.30.

About James Halstead

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.