James Latham (LON:LTHM) Shares Cross Above 200 Day Moving Average – What’s Next?
by Scott Moore · The Cerbat GemJames Latham plc (LON:LTHM – Get Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,035.03 and traded as high as GBX 1,080. James Latham shares last traded at GBX 1,069, with a volume of 16,520 shares changing hands.
James Latham Stock Performance
The firm’s fifty day moving average price is GBX 1,064.12 and its 200-day moving average price is GBX 1,035.03. The company has a market cap of £215.51 million, a P/E ratio of 11.57 and a beta of 0.74. The company has a current ratio of 4.22, a quick ratio of 2.52 and a debt-to-equity ratio of 3.35.
James Latham (LON:LTHM – Get Free Report) last released its earnings results on Thursday, July 2nd. The company reported GBX 92.50 earnings per share for the quarter. James Latham had a net margin of 4.73% and a return on equity of 8.13%. As a group, research analysts forecast that James Latham plc will post 105.2631579 EPS for the current fiscal year.
About James Latham
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.