James Halstead (LON:JHD) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

James Halstead plc (LON:JHD)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 186.38 ($2.36) and traded as low as GBX 185.50 ($2.35). James Halstead shares last traded at GBX 186 ($2.35), with a volume of 170,307 shares traded.

James Halstead Stock Performance

The company has a debt-to-equity ratio of 3.63, a current ratio of 3.34 and a quick ratio of 1.13. The firm has a market capitalization of £775.23 million, a PE ratio of 1,860.00, a P/E/G ratio of 3.19 and a beta of 0.31. The firm has a fifty day moving average price of GBX 184.85 and a 200 day moving average price of GBX 186.38.

James Halstead Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 14th will be given a GBX 6 ($0.08) dividend. This is a positive change from James Halstead’s previous dividend of $2.50. The ex-dividend date of this dividend is Thursday, November 14th. This represents a dividend yield of 3.39%. James Halstead’s dividend payout ratio (DPR) is 9,000.00%.

James Halstead Company Profile

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.