James Halstead (LON:JHD) Hits New 1-Year Low – Here’s Why

James Halstead plc (LON:JHD) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 142 ($1.83) and last traded at GBX 143 ($1.85), with a volume of 466467 shares trading hands. The stock had previously closed at GBX 147 ($1.90).

James Halstead Price Performance

The company has a current ratio of 3.34, a quick ratio of 1.13 and a debt-to-equity ratio of 3.52. The business has a fifty day simple moving average of GBX 160.58 and a two-hundred day simple moving average of GBX 175.16. The company has a market cap of £598.16 million, a PE ratio of 14.41, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHD) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX 5 ($0.06) earnings per share for the quarter. James Halstead had a net margin of 15.10% and a return on equity of 23.72%. As a group, equities research analysts predict 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. Shareholders of record on Thursday, May 8th will be paid a dividend of GBX 2.75 ($0.04) per share. This represents a 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%.

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.