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

James Halstead plc (LON:JHD – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 128.92 and traded as low as GBX 123. James Halstead shares last traded at GBX 124.40, with a volume of 418,926 shares changing hands.

James Halstead Stock Up 1.6%

The firm has a market cap of £530.51 million, a P/E ratio of 14.00, a PEG ratio of 3.19 and a beta of 0.29. The company has a quick ratio of 1.13, a current ratio of 4.13 and a debt-to-equity ratio of 5.06. The stock’s 50-day simple moving average is GBX 129.71 and its 200 day simple moving average is GBX 128.98.

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About James Halstead

(Get Free Report)

James Halstead (LSE: JHD) is a global manufacturer and supplier of flooring for commercial and domestic purposes. It has manufacturing operations across the United Kingdom, Europe and Scandinavia, Australasia and Asia, and Rest of the World markets and supplies to customers all around the world. The Company’s brands include Polyflor, Palettone, Camaro, Polysafe, Recofloor and Expona.

James Halstead’s strategy is to constantly develop its brand identity and its reputation for quality, product innovation, durability and availability, thereby enhancing and maintaining goodwill with the aim of achieving repeat business.

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