James Latham (LON:LTHM) Stock Passes Below 200 Day Moving Average – Here’s What Happened

James Latham plc (LON:LTHM)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,312.83 ($16.64) and traded as low as GBX 1,273 ($16.14). James Latham shares last traded at GBX 1,290 ($16.35), with a volume of 7,299 shares.

James Latham Trading Up 2.2 %

The company has a market capitalization of £265.71 million, a P/E ratio of 1,141.59 and a beta of 0.83. The company has a debt-to-equity ratio of 4.30, a current ratio of 5.43 and a quick ratio of 2.52. The business’s 50-day moving average price is GBX 1,347.70 and its two-hundred day moving average price is GBX 1,312.83.

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.