James Halstead (LON:JHD) Share Price Passes Below 200 Day Moving Average – Should You Sell?

James Halstead plc (LON:JHD)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 142.98 and traded as low as GBX 133. James Halstead shares last traded at GBX 135.50, with a volume of 764,354 shares changing hands.

James Halstead Stock Up 0.7%

The company has a quick ratio of 1.13, a current ratio of 3.34 and a debt-to-equity ratio of 3.52. The firm has a market capitalization of £568.91 million, a price-to-earnings ratio of 14.07, a P/E/G ratio of 3.19 and a beta of 0.31. The stock has a 50 day moving average of GBX 136.76 and a 200 day moving average of GBX 142.73.

Insider Buying and Selling

In other news, insider David Drillingcourt purchased 14,753 shares of the stock in a transaction dated Friday, November 14th. The stock was acquired at an average cost 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 that occurred on Friday, November 14th. The shares were purchased at an average price of GBX 136 per share, for a total transaction of £11,560. 8.98% of the stock is currently owned by 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.