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James Latham ( (GB:LTHM) ) has issued an update.
James Latham plc announced that Peter Latham, a significant shareholder, has transferred 200,000 ordinary shares to family members, reducing his beneficial interest to 1,016,289 shares, or 5.04% of the company’s issued share capital. This transfer may influence the company’s shareholder dynamics but does not involve any parties considered to be closely associated under market regulations.
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 operates in the timber industry, focusing on the distribution of timber and panel products. The company is known for its extensive range of products catering to various market needs.
Average Trading Volume: 9,759
Technical Sentiment Signal: Buy
Current Market Cap: £221.8M
For detailed information about LTHM stock, go to TipRanks’ Stock Analysis page.