James Halstead (LON:JHD) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

James Halstead plc (LON:JHD) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 182.62 ($2.27) and traded as low as GBX 172.18 ($2.14). James Halstead shares last traded at GBX 174.50 ($2.17), with a volume of 246,775 shares traded.

James Halstead Trading Up 1.2 %

The firm has a market cap of £727.30 million, a price-to-earnings ratio of 1,745.00, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31. The company has a quick ratio of 1.13, a current ratio of 3.34 and a debt-to-equity ratio of 3.63. The business has a 50 day moving average price of GBX 180.36 and a 200-day moving average price of GBX 182.62.

About James Halstead

James Halstead (LSE: JHD) is a global manufacturer and supplier of flooring for commercial and domestic purposes. It has manufacturing operations across the United Kingdom, Europe and Scandinavia, Australasia and Asia, and Rest of the World markets and supplies to customers all around the world. The Company’s brands include Polyflor, Palettone, Camaro, Polysafe, Recofloor and Expona.