James Latham (LON:LTHM) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

by · The Markets Daily

James Latham plc (LON:LTHM – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,305.69 ($15.89) and traded as low as GBX 1,150 ($13.99). James Latham shares last traded at GBX 1,160 ($14.11), with a volume of 26,883 shares.

James Latham Trading Up 1.4 %

The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.30. The business has a 50 day moving average price of GBX 1,212.50 and a 200-day moving average price of GBX 1,303.59. The company has a market cap of £239.10 million, a P/E ratio of 1,049.56 and a beta of 0.83.

James Latham Cuts Dividend

The company also recently declared 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 is Thursday, January 2nd. James Latham’s dividend payout ratio (DPR) is currently 3,008.85%.

About James Latham

(Get Free Report)

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.

See Also