James Halstead (LON:JHD) Hits New 1-Year Low - Should You Sell?

Shares of James Halstead plc (LON:JHD - Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 128.50 ($1.68) and last traded at GBX 130 ($1.70), with a volume of 99466 shares changing hands. The stock had previously closed at GBX 134 ($1.75).

James Halstead Price Performance

The company's 50-day simple moving average is GBX 152.06 and its two-hundred day simple moving average is GBX 172.50. The firm has a market capitalization of £581.43 million, a P/E ratio of 14.00, a P/E/G ratio of 3.19 and a beta of 0.31. The company has a debt-to-equity ratio of 3.52, a current ratio of 3.34 and a quick ratio of 1.13.

James Halstead (LON:JHD - Get Free Report) last announced its earnings results on Thursday, March 27th. The company reported GBX 5 ($0.07) EPS for the quarter. James Halstead had a return on equity of 23.72% and a net margin of 15.10%. As a group, research analysts expect that James Halstead plc will post 10.670194 earnings per share for the current year.

James Halstead Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 8th will be paid a GBX 2.75 ($0.04) dividend. This represents a dividend 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%.

Insider Activity at James Halstead

In other news, insider Gordon Oliver acquired 5,550 shares of the firm's stock in a transaction dated Monday, April 7th. The shares were purchased at an average cost of GBX 132 ($1.73) per share, for a total transaction of £7,326 ($9,589.01). 49.12% of the stock is currently owned by corporate insiders.

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.