James Latham (LON:LTHM) Sets New 52-Week Low – Here’s What Happened

James Latham plc (LON:LTHM)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 1,020.40 ($13.19) and last traded at GBX 1,032 ($13.34), with a volume of 48816 shares traded. The stock had previously closed at GBX 1,065 ($13.77).

James Latham Price Performance

The stock has a market cap of £203.07 million, a P/E ratio of 9.05 and a beta of 0.83. The firm has a 50-day moving average price of GBX 1,126.10 and a 200-day moving average price of GBX 1,245.26. The company has a debt-to-equity ratio of 4.03, a quick ratio of 2.52 and a current ratio of 5.43.

James Latham Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 2nd were given a GBX 7.95 ($0.10) dividend. This represents a dividend yield of 0.62%. The ex-dividend date of this dividend was Thursday, January 2nd. James Latham’s dividend payout ratio is currently 29.95%.

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.