James Latham (LON:LTHM) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

James Latham plc (LON:LTHM) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,297.94 ($16.83) and traded as low as GBX 1,265 ($16.41). James Latham shares last traded at GBX 1,275 ($16.53), with a volume of 12,939 shares traded.

James Latham Stock Down 2.1 %

The business’s fifty day simple moving average is GBX 1,352.60 and its 200 day simple moving average is GBX 1,297.94. 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 stock has a market cap of £257.04 million, a price-to-earnings ratio of 1,128.32 and a beta of 0.83.

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.