James Latham (LON:LTHM) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Posted by Tyrone Williams on Jan 9th, 2025

James Latham plc (LON:LTHM – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,308.36 ($16.10) and traded as low as GBX 1,158 ($14.25). James Latham shares last traded at GBX 1,160 ($14.27), with a volume of 3,632 shares.

James Latham Stock Up 0.1 %

The stock’s fifty day moving average price is GBX 1,231.81 and its 200 day moving average price is GBX 1,307.29. The company has a current ratio of 5.43, a quick ratio of 2.52 and a debt-to-equity ratio of 4.30. The stock has a market cap of £231.03 million, a P/E ratio of 1,014.16 and a beta of 0.83.

James Latham Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 2nd will be issued a GBX 7.95 ($0.10) dividend. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 0.62%. James Latham’s payout ratio is 3,008.85%.

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.