tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

James Latham Clarifies PDMR Shareholding and Allocates New Shares

Story Highlights
James Latham Clarifies PDMR Shareholding and Allocates New Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from James Latham ( (GB:LTHM) ).

James Latham plc announced an amendment to a previous announcement regarding PDMR dealings, clarifying the correct shareholding for Andrew Wright. The company allocated 2,838 ordinary shares to certain PDMRs under its SIPS scheme, with shares priced at 1120p each. This allocation reflects the company’s ongoing commitment to its management team and may influence its market position by aligning management interests with shareholder value.

The most recent analyst rating on (GB:LTHM) stock is a Buy with a £1260.00 price target. To see the full list of analyst forecasts on James Latham stock, see the GB:LTHM Stock Forecast page.

Spark’s Take on GB:LTHM Stock

According to Spark, TipRanks’ AI Analyst, GB:LTHM is a Outperform.

James Latham’s overall stock score reflects a stable financial position with a strong balance sheet and reasonable valuation. Technical indicators suggest a neutral to slightly positive trend. The main challenges are in profitability and cash flow generation, which need improvement to enhance financial health.

To see Spark’s full report on GB:LTHM stock, click here.

More about James Latham

James Latham plc is a company operating in the timber industry, focusing on the distribution of timber and panel products. The company is known for its extensive range of high-quality timber products and has a significant presence in the market.

Average Trading Volume: 9,831

Technical Sentiment Signal: Buy

Current Market Cap: £222.8M

For a thorough assessment of LTHM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1