James Halstead (LON:JHD) Share Price Passes Below 200 Day Moving Average of $198.35

James Halstead plc (LON:JHD)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 198.35 ($2.45) and traded as low as GBX 196 ($2.42). James Halstead shares last traded at GBX 200 ($2.47), with a volume of 261,453 shares changing hands.

James Halstead Stock Performance

The business has a 50-day moving average of GBX 196.44 and a two-hundred day moving average of GBX 198.35. The company has a debt-to-equity ratio of 4.29, a current ratio of 3.11 and a quick ratio of 1.13. The company has a market cap of £842.29 million, a P/E ratio of 2,000.00, a P/E/G ratio of 3.19 and a beta of 0.31.

James Halstead Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 16th will be given a dividend of GBX 2.50 ($0.03) per share. This represents a dividend yield of 1.23%. The ex-dividend date is Thursday, May 16th. James Halstead’s payout ratio is 8,000.00%.

About James Halstead

James Halstead plc manufactures and supplies flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia, Asia, and internationally. The company offers its products under the Polyflor, Palettone, Camaro, Polysafe, Recofloor, and Expona names. Its products are used in healthcare, education, and retail infrastructures.