James Latham (LON:LTHM) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

James Latham plc (LON:LTHM)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,210.27 ($15.65) and traded as low as GBX 1,060 ($13.70). James Latham shares last traded at GBX 1,106 ($14.30), with a volume of 11,181 shares.

James Latham Trading Up 2.9 %

The company has a market cap of £218.48 million, a price-to-earnings ratio of 9.74 and a beta of 0.83. The business has a fifty day simple moving average of GBX 1,085.48 and a 200 day simple moving average of GBX 1,210.27. The company has a quick ratio of 2.52, a current ratio of 5.43 and a debt-to-equity ratio of 4.03.

James Latham Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Thursday, January 2nd were paid a GBX 7.95 ($0.10) dividend. This represents a dividend yield of 0.62%. The ex-dividend date was Thursday, January 2nd. James Latham’s dividend payout ratio (DPR) is 29.95%.

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.