James Halstead (LON:JHD) Shares Down 3.5% – What’s Next?

James Halstead plc (LON:JHD) was down 3.5% during trading on Thursday . The company traded as low as GBX 190 ($2.40) and last traded at GBX 190.50 ($2.40). Approximately 149,734 shares were traded during trading, a decline of 32% from the average daily volume of 218,896 shares. The stock had previously closed at GBX 197.50 ($2.49).

James Halstead Trading Down 3.7 %

The firm has a 50-day moving average price of GBX 189.60 and a 200-day moving average price of GBX 185.07. The company has a market capitalization of £764.81 million, a price-to-earnings ratio of 1,835.00, a PEG ratio of 3.19 and a beta of 0.31. The company has a current ratio of 3.34, a quick ratio of 1.13 and a debt-to-equity ratio of 3.63.

James Halstead Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 14th were paid a dividend of GBX 6 ($0.08) per share. The ex-dividend date of this dividend was 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 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.