James Halstead (LON:JHD) Stock Crosses Below 200-Day Moving Average – Time to Sell?

James Halstead plc (LON:JHD) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 168.07 ($2.24) and traded as low as GBX 161 ($2.14). James Halstead shares last traded at GBX 163 ($2.17), with a volume of 125,161 shares trading hands.

James Halstead Stock Down 0.4%

The firm’s 50-day simple moving average is GBX 148.26 and its 200 day simple moving average is GBX 168.03. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.13 and a current ratio of 3.34. The stock has a market capitalization of £678.89 million, a P/E ratio of 16.35, a PEG ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHD) last issued its quarterly earnings results on Thursday, March 27th. The company reported GBX 5 ($0.07) EPS for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. As a group, research analysts expect that James Halstead plc will post 10.670194 EPS for the current year.

James Halstead Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 8th will be paid a dividend of GBX 2.75 ($0.04) per share. The ex-dividend date is Thursday, May 8th. This represents a dividend yield of 1.87%. James Halstead’s dividend payout ratio is presently 90.67%.

Insider Transactions at James Halstead

In other James Halstead news, insider Gordon Oliver bought 5,550 shares of the firm’s stock in a transaction on Monday, April 7th. The shares were purchased at an average price of GBX 132 ($1.76) per share, for a total transaction of £7,326 ($9,749.80). Also, insider Russell Whiting bought 14,363 shares of the firm’s stock in a transaction on Friday, April 11th. The shares were acquired at an average price of GBX 139 ($1.85) per share, for a total transaction of £19,964.57 ($26,569.83). 49.12% of the stock is owned by company insiders.

James Halstead Company Profile

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.