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James Latham (LON:LTHM) Shares Cross Below 200 Day Moving Average - Time to Sell?

James Latham logo with Basic Materials background

Shares of James Latham plc (LON:LTHM - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,312.83 ($16.66) and traded as low as GBX 1,273 ($16.15). James Latham shares last traded at GBX 1,290 ($16.37), with a volume of 7,299 shares trading hands.

James Latham Stock Up 2.3 %

The firm has a 50 day simple moving average of GBX 1,348.30 and a two-hundred day simple moving average of GBX 1,313.56. The company has a market capitalization of £266.11 million, a PE ratio of 1,168.14 and a beta of 0.83. The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.30.

James Latham Company Profile

(Get Free Report)

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.

Further Reading

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