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

James Halstead plc (LON:JHD) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 184.02 ($2.32) and traded as low as GBX 171.50 ($2.16). James Halstead shares last traded at GBX 171.50 ($2.16), with a volume of 98,050 shares.

James Halstead Stock Down 2.6 %

The company has a current ratio of 3.34, a quick ratio of 1.13 and a debt-to-equity ratio of 3.63. The stock has a 50-day moving average of GBX 188.22 and a 200-day moving average of GBX 184.02. The firm has a market cap of £714.79 million, a price-to-earnings ratio of 1,715.00, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31.

James Halstead Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 14th were issued a GBX 6 ($0.08) dividend. The ex-dividend date was Thursday, November 14th. This represents a yield of 3.39%. This is an increase from James Halstead’s previous dividend of $2.50. James Halstead’s dividend payout ratio is currently 9,000.00%.

About James Halstead

James Halstead plc manufactures and supplies flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia, Asia, and internationally. The company offers its products under the Polyflor, Palettone, Camaro, Polysafe, Recofloor, and Expona names. Its products are used in healthcare, education, and retail infrastructures.