James Halstead (LON:JHD) Shares Cross Below 200-Day Moving Average – Time to Sell?

James Halstead plc (LON:JHD)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 186.38 ($2.34) and traded as low as GBX 185.50 ($2.33). James Halstead shares last traded at GBX 186 ($2.33), with a volume of 170,307 shares.

James Halstead Price Performance

The company’s fifty day moving average is GBX 185.12 and its 200 day moving average is GBX 186.28. 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 stock has a market cap of £789.82 million, a PE ratio of 1,860.00, 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 will be paid on Friday, December 13th. Stockholders of record on Thursday, November 14th will be paid a dividend of GBX 6 ($0.08) per share. The ex-dividend date is Thursday, November 14th. This represents a dividend yield of 3.39%. This is a positive change from James Halstead’s previous dividend of $2.50. James Halstead’s dividend payout ratio (DPR) 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.