James Latham plc (LTHM) Insider Acquires £523.38 in Stock

James Latham plc (LON:LTHM) insider Andrew George Wright bought 66 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were purchased at an average cost of GBX 793 ($11.12) per share, for a total transaction of £523.38 ($733.85).

James Latham plc (LTHM) opened at GBX 772.50 ($10.83) on Tuesday. The stock has a market capitalization of $142.82 and a PE ratio of 1,485.58. James Latham plc has a fifty-two week low of GBX 750 ($10.52) and a fifty-two week high of GBX 970 ($13.60).

James Latham (LON:LTHM) last released its earnings results on Thursday, November 30th. The company reported GBX 27.80 ($0.39) earnings per share (EPS) for the quarter. James Latham had a return on equity of 13.87% and a net margin of 5.09%. The firm had revenue of £107.33 million for the quarter.

The business also recently declared a dividend, which was paid on Friday, January 26th. Investors of record on Thursday, January 4th were given a GBX 4.50 ($0.06) dividend. The ex-dividend date of this dividend was Thursday, January 4th. This represents a dividend yield of 0.51%.

Separately, Northland Securities reaffirmed a “buy” rating and set a GBX 980 ($13.74) target price on shares of James Latham in a report on Wednesday, December 6th.

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James Latham Company Profile

James Latham plc is a timber and panel products distributor. The Company is engaged in timber importing and distribution, carried out in approximately 10 locations. The Company offers a range of wood-based panel products, natural acrylic stone, hardwoods, high grade softwoods, flooring, cladding, decking and plastics.

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