James Halstead (LON:JHD) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

James Halstead plc (LON:JHD) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 186.85 ($2.43) and traded as high as GBX 188.13 ($2.44). James Halstead shares last traded at GBX 172 ($2.23), with a volume of 687,366 shares.

James Halstead Price Performance

The company has a quick ratio of 1.13, a current ratio of 3.34 and a debt-to-equity ratio of 3.63. The firm has a market cap of £716.88 million, a P/E ratio of 1,720.00, a P/E/G ratio of 3.19 and a beta of 0.31. The business’s 50 day moving average is GBX 179.53 and its two-hundred day moving average is GBX 186.85.

James Halstead Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 14th will be issued a GBX 6 ($0.08) dividend. This is an increase from James Halstead’s previous dividend of $2.50. This represents a yield of 3.39%. The ex-dividend date of this dividend is Thursday, November 14th. James Halstead’s payout ratio is presently 9,000.00%.

About James Halstead

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.