James Latham (LON:LTHM) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Shares of James Latham plc (LON:LTHM) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,183.89 ($15.67) and traded as low as GBX 1,020 ($13.50). James Latham shares last traded at GBX 1,069 ($14.15), with a volume of 7,110 shares changing hands.

James Latham Price Performance

The stock has a market cap of £211.17 million, a PE ratio of 9.42 and a beta of 0.83. The stock’s fifty day moving average is GBX 1,057.70 and its 200-day moving average is GBX 1,183.89. The company has a debt-to-equity ratio of 4.03, a current ratio of 5.43 and a quick ratio of 2.52.

James Latham Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 2nd were paid a GBX 7.95 ($0.11) dividend. The ex-dividend date was Thursday, January 2nd. This represents a dividend yield of 0.62%. 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.