James Latham (LON:LTHM) climbs, still trades below book after results
James Latham Plc climbed Thursday after the AIM-listed timber and panels group posted stronger yearly profit. But the focus stayed on valuation, with shares still trading just under book value despite an 8% jump. The stock traded at 1,102p at 13:55 BST, up 82p. Google Finance gave a market cap of £222.16 million. Volume was 16,420 shares, ahead of the average 9,930. About £181,000 of stock changed hands at that price, which isn’t much for such a big move.