James Halstead (LON:JHD) Reaches New 52-Week Low - Time to Sell?

Shares of James Halstead plc (LON:JHD - Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 142 ($1.83) and last traded at GBX 143 ($1.84), with a volume of 466467 shares traded. The stock had previously closed at GBX 147 ($1.90).

James Halstead Stock Down 3.2 %

The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.13 and a current ratio of 3.34. The firm's 50 day moving average price is GBX 157.31 and its two-hundred day moving average price is GBX 174.19. The company has a market cap of £560.51 million, a P/E ratio of 13.50, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHD - Get Free Report) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX 5 ($0.06) EPS for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. Equities research analysts anticipate that James Halstead plc will post 10.670194 EPS for the current fiscal year.

James Halstead Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 8th will be paid a dividend of GBX 2.75 ($0.04) per share. This represents a yield of 1.87%. The ex-dividend date of this dividend is Thursday, May 8th. James Halstead's dividend payout ratio (DPR) is currently 90.67%.

James Halstead Company Profile

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.