James Latham (LON:LTHM) Sets New 1-Year Low - Should You Sell?

James Latham plc (LON:LTHM - Get Free Report)'s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 1,000 ($12.94) and last traded at GBX 1,006 ($13.02), with a volume of 15964 shares changing hands. The stock had previously closed at GBX 1,035 ($13.40).

James Latham Price Performance

The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.03. The company has a market cap of £213.34 million, a price-to-earnings ratio of 9.51 and a beta of 0.83. The business has a 50-day moving average price of GBX 1,088.10 and a 200 day moving average price of GBX 1,213.81.

James Latham Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, January 2nd were paid a dividend of GBX 7.95 ($0.10) per share. This represents a yield of 0.62%. The ex-dividend date of this dividend was Thursday, January 2nd. James Latham's dividend payout ratio is presently 29.95%.

James Latham Company Profile

James Latham plc, together with its subsidiaries, engages in the importing and distribution of timber, panels, and decorative surfaces in the United Kingdom, the Republic of Ireland, rest of Europe, and internationally. The company offers panels, melamine, veneer, laminates, washroom collection, solid surface products, door blanks, plastics, hardwoods, engineered timber products, softwoods, flooring products, decking and timber cladding products, modified timbers and panels, fire retardant panels, advanced technical panels, and treatments, as well as architectural moldings and components.