James Latham (LON:LTHM) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

James Latham plc (LON:LTHM) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,301.04 ($16.24) and traded as low as GBX 1,121.60 ($14.00). James Latham shares last traded at GBX 1,142 ($14.26), with a volume of 18,420 shares traded.

James Latham Trading Down 2.1 %

The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.30. The company has a fifty day simple moving average of GBX 1,198.58 and a 200-day simple moving average of GBX 1,299.96. The company has a market capitalization of £230.83 million, a PE ratio of 1,013.27 and a beta of 0.83.

James Latham (LON:LTHM) last announced its quarterly earnings data on Thursday, November 28th. The company reported GBX 50.50 ($0.63) earnings per share (EPS) for the quarter. James Latham had a net margin of 6.18% and a return on equity of 11.03%. Analysts predict that James Latham plc will post 105.2631579 EPS for the current year.

James Latham Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, January 2nd were given a GBX 7.95 ($0.10) dividend. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a yield of 0.62%. James Latham’s dividend payout ratio is currently 3,008.85%.

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.