The Motley Fool

3 FTSE Shares Crashing To New Lows: G4S plc, James Halstead PLC And Petropavlovsk PLC

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

The FTSE 100 (FTSEINDICES: ^FTSE) is suffering a modest fall today, down 22 points to 6,491 by mid-afternoon. But it’s still way ahead of its 52-week low of 5,487, and looking more likely to regain the high of 6,876 set in May.

But what of individual companies? Sadly, there are quite a few whose shares have been plunging. Here are three from the various indices falling to new lows:

5 Stocks For Trying To Build Wealth After 50

Markets around the world are reeling from the coronavirus pandemic… and with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.

But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be a daunting prospect during such unprecedented times.

Fortunately, The Motley Fool UK analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global upheaval…

We’re sharing the names in a special FREE investing report that you can download today. And if you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio.

Click here to claim your free copy now!

G4S

G4S (LSE: GFS) has done it again — slipped to a new 52-week low, that is. This morning the price dipped as low as 228.5p, a smidgen below its previous worst. There’s been nothing of note since the security firm’s last interim update in May, but with past problems still firmly in people’s minds, it’s a company that is very much out of favour at the moment.

But forecasts for the full year put the shares on a P/E of 11, dropping to under 10 for 2014, and there’s a dividend yield of over 4% predicted. So are the shares cheap? Well, I think they could be, but we do need to consider the firm’s debt, which stood at £1.8bn at December’s year-end.

James Halstead

Shareholders in maker of flooring products James Halstead (LSE: JHD) have had a tough time since the start of 2013, with the price hitting a 52-week low of 246p today — though thanks to a stronger 2012, that’s actually only about 8% down over the 12 months.

The firm’s first-half figures released in March actually looked reasonable, with pre-tax profit up 2.2% and earnings per share up 6.9% — and there was a 10% boost to the interim dividend. But the share price had been climbing strongly since 2009, and it was probably just getting a bit toppy — on expectations for the year to June 2013, the shares are still on a P/E of over 17.

Petropavlovsk

If you want to see a serious crash, look no further than Petropavlovsk (LSE: POG). The gold miner’s shares have plummeted by more than 80% over the past 12 months, to hit an annual low of 73.5p today, and by about 90% over two years.

Forecasts now put the shares on a P/E as low as 3.7 with a dividend yield of 9% forecast, so why do punters rate the company so lowly? Well, it had $1.2bn of net debt on its books at the time of its Q1 statement in April, and with the price of gold falling, interest costs are covered less than 3 times by operating profits.

Finally, what’s the best way to deal with share price falls? One way is to focus on dividends, which can be spent or reinvested according to your needs — whether investing for income or growth, good old cash is always welcome.

And that’s why I recommend the BRAND-NEW Fool report, “The Motley Fool’s Top Income Share For 2013“, in which our top analysts identify a share that they believe will provide handsome dividend income for years to come.

It will only be available for a limited period, so click here to get your copy today.

> Alan does not own any shares mentioned in this article.

One Killer Stock For The Cybersecurity Surge

Cybersecurity is surging, with experts predicting that the cybersecurity market will reach US$366 billion by 2028more than double what it is today!

And with that kind of growth, this North American company stands to be the biggest winner.

Because their patented “self-repairing” technology is changing the cybersecurity landscape as we know it…

We think it has the potential to become the next famous tech success story.

In fact, we think it could become as big… or even BIGGER than Shopify.

Click here to see how you can uncover the name of this North American stock that’s taking over Silicon Valley, one device at a time…

Our 6 'Best Buys Now' Shares

Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.

So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we're offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our 'no quibbles' 30-day subscription fee refund guarantee.

Simply click below to discover how you can take advantage of this.