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

James Halstead plc (LON:JHD)’s stock price hit a new 52-week low during trading 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. 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 quick ratio of 1.13 and a current ratio of 3.34. The stock has a market cap of £581.43 million, a PE ratio of 14.00, a PEG ratio of 3.19 and a beta of 0.31. The company’s 50-day moving average price is GBX 158.99 and its two-hundred day moving average price is GBX 174.71.

James Halstead (LON:JHD) last released its earnings results on Thursday, March 27th. The company reported GBX 5 ($0.06) EPS for the quarter. James Halstead had a return on equity of 23.72% and a net margin of 15.10%. On average, equities research analysts forecast that James Halstead plc will post 10.670194 EPS for the current year.

James Halstead Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 8th will be given a GBX 2.75 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, May 8th. This represents a yield of 1.87%. James Halstead’s payout ratio is 90.67%.

James Halstead Company Profile

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.