James Halstead (LON:JHD) Hits New 12-Month Low – What’s Next?

James Halstead plc (LON:JHD)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 142 ($1.84) and last traded at GBX 143 ($1.86), with a volume of 466467 shares trading hands. The stock had previously closed at GBX 147 ($1.91).

James Halstead Stock Performance

The company has a debt-to-equity ratio of 3.52, a current ratio of 3.34 and a quick ratio of 1.13. The business has a 50 day moving average price of GBX 158.99 and a two-hundred day moving average price of GBX 174.71. The stock has a market cap of £581.43 million, a PE ratio of 14.00, a price-to-earnings-growth ratio of 3.19 and a beta of 0.31.

James Halstead (LON:JHD) last announced 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 forecast that James Halstead plc will post 10.670194 EPS for the current fiscal year.

James Halstead Cuts Dividend

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