James Halstead (LON:JHD) Shares Cross Below Two Hundred Day Moving Average of $198.35

James Halstead plc (LON:JHD) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 198.35 ($2.45) and traded as low as GBX 196 ($2.42). James Halstead shares last traded at GBX 200 ($2.47), with a volume of 261,453 shares changing hands.

James Halstead Stock Performance

The stock has a 50-day simple moving average of GBX 196.58 and a 200-day simple moving average of GBX 198.37. The company has a market capitalization of £833.48 million, a price-to-earnings ratio of 2,000.00, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31. The company has a current ratio of 3.11, a quick ratio of 1.13 and a debt-to-equity ratio of 4.29.

James Halstead Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 16th will be given a dividend of GBX 2.50 ($0.03) per share. This represents a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, May 16th. James Halstead’s dividend payout ratio is currently 8,000.00%.

James Halstead Company Profile

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.