James Latham (LON:LTHM) Hits New 12-Month High at $1,344.00

Posted by Rob Hiaasen on Jul 12th, 2024

James Latham plc (LON:LTHM – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,344 ($17.22) and last traded at GBX 1,320 ($16.91), with a volume of 9143 shares traded. The stock had previously closed at GBX 1,285 ($16.46).

James Latham Price Performance

The company has a quick ratio of 2.52, a current ratio of 5.47 and a debt-to-equity ratio of 3.08. The stock has a 50-day simple moving average of GBX 1,237.24 and a 200-day simple moving average of GBX 1,176.62. The firm has a market capitalization of £267.12 million, a PE ratio of 913.79 and a beta of 0.74.

James Latham Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, August 23rd. Shareholders of record on Thursday, August 1st will be given a GBX 71 ($0.91) dividend. This is an increase from James Latham’s previous dividend of $7.75. This represents a yield of 5.8%. The ex-dividend date of this dividend is Thursday, August 1st. James Latham’s dividend payout ratio (DPR) is currently 2,000.00%.

Insider Transactions at James Latham

In other news, insider Andrew George Wright sold 8,687 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of GBX 1,160 ($14.86), for a total value of £100,769.20 ($129,075.45). Corporate insiders own 45.02% of the company’s stock.

James Latham Company Profile

(Get Free Report)

James Latham plc, together with its subsidiaries, engages in the importing and distribution of timber, panels, and decorative surfaces in the United Kingdom, the Republic of Ireland, rest of Europe, and internationally. The company offers panels, melamine, veneer, laminates, washroom collection, solid surface products, door blanks, plastics, hardwoods, engineered timber products, softwoods, flooring products, decking and timber cladding products, modified timbers and panels, fire retardant panels, advanced technical panels, and treatments, as well as architectural moldings and components.