James Latham (LON:LTHM) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

James Latham plc (LON:LTHM) shares crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 1,037.53 and traded as low as GBX 1,030. James Latham shares last traded at GBX 1,035, with a volume of 9,566 shares trading hands.

James Latham Price Performance

The company has a debt-to-equity ratio of 3.35, a current ratio of 4.22 and a quick ratio of 2.52. The firm has a market capitalization of £211.68 million, a price-to-earnings ratio of 11.36 and a beta of 0.73. The stock has a 50 day moving average price of GBX 1,058.05 and a two-hundred day moving average price of GBX 1,037.95.

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.