James Latham (LON:LTHM) Shares Cross Below 200 Day Moving Average – Should You Sell?

Shares of James Latham plc (LON:LTHM) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,308.36 ($16.10) and traded as low as GBX 1,158 ($14.25). James Latham shares last traded at GBX 1,160 ($14.27), with a volume of 3,632 shares traded.

James Latham Stock Up 0.1 %

The company has a debt-to-equity ratio of 4.30, a current ratio of 5.43 and a quick ratio of 2.52. The stock has a market capitalization of £231.03 million, a PE ratio of 1,014.16 and a beta of 0.83. The company has a 50 day moving average price of GBX 1,231.81 and a 200-day moving average price of GBX 1,307.29.

James Latham Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, January 2nd will be given a dividend of GBX 7.95 ($0.10) per share. This represents a yield of 0.62%. The ex-dividend date of this dividend is Thursday, January 2nd. James Latham’s payout ratio is currently 3,008.85%.

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.