James Halstead (LON:JHD) Reaches New 52-Week Low – Here’s What Happened

James Halstead plc (LON:JHD) reached a new 52-week low on Monday . The stock traded as low as GBX 128.50 ($1.66) and last traded at GBX 130 ($1.68), with a volume of 99466 shares changing hands. The stock had previously closed at GBX 134 ($1.73).

James Halstead Price Performance

The business has a 50-day moving average of GBX 157.31 and a two-hundred day moving average of GBX 174.22. 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 firm has a market cap of £543.21 million, a P/E ratio of 13.08, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHD) last released 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 return on equity of 23.72% and a net margin of 15.10%. On average, sell-side analysts anticipate that James Halstead plc will post 10.670194 earnings per share for the current fiscal year.

James Halstead Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 8th will be paid a dividend of GBX 2.75 ($0.04) per share. This represents a dividend yield of 1.87%. The ex-dividend date is Thursday, May 8th. James Halstead’s payout ratio 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.