James Latham (LON:LTHM) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

James Latham plc (LON:LTHM) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,257.56 ($15.95) and traded as low as GBX 1,080 ($13.70). James Latham shares last traded at GBX 1,080 ($13.70), with a volume of 6,121 shares traded.

James Latham Trading Down 1.4 %

The stock has a market capitalization of £213.34 million, a PE ratio of 9.51 and a beta of 0.83. The stock’s 50 day moving average price is GBX 1,141.87 and its 200-day moving average price is GBX 1,257.56. The company has a quick ratio of 2.52, a current ratio of 5.43 and a debt-to-equity ratio of 4.03.

James Latham (LON:LTHM) last released its quarterly earnings data on Thursday, November 28th. The company reported GBX 50.50 ($0.64) EPS for the quarter. James Latham had a net margin of 6.18% and a return on equity of 10.82%. On average, sell-side analysts expect that James Latham plc will post 105.2631579 earnings per share for the current fiscal year.

James Latham Cuts Dividend

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