Headlam Group (LON:HEAD) Hits New 52-Week Low – Should You Sell?

by · The Cerbat Gem

Shares of Headlam Group plc (LON:HEAD – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 85.20 ($1.10) and last traded at GBX 86 ($1.11), with a volume of 151688 shares trading hands. The stock had previously closed at GBX 89 ($1.15).

Headlam Group Price Performance

The company has a market capitalization of £71.04 million, a P/E ratio of -5.82 and a beta of 1.42. The stock’s fifty day simple moving average is GBX 113.64 and its 200-day simple moving average is GBX 128.13. The company has a debt-to-equity ratio of 46.58, a current ratio of 1.29 and a quick ratio of 0.72.

Headlam Group (LON:HEAD – Get Free Report) last announced its earnings results on Tuesday, March 11th. The company reported GBX (35) (($0.45)) earnings per share for the quarter. Headlam Group had a negative net margin of 1.98% and a negative return on equity of 5.80%. On average, equities analysts forecast that Headlam Group plc will post 7.3753605 earnings per share for the current fiscal year.

Insider Transactions at Headlam Group

In related news, insider Robin George Williams acquired 5,280 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was acquired at an average price of GBX 96 ($1.24) per share, with a total value of £5,068.80 ($6,553.07). 4.26% of the stock is currently owned by corporate insiders.

About Headlam Group

(Get Free Report)

Headlam is the UK’s leading floorcovering distributor. Operating for over 30 years, the Company has expanded to a network of c. 2,030 people, 17 distribution branches, and 76 trade counters.

The Company works with suppliers across the globe manufacturing the broadest range of products, and gives them a highly effective route to market, selling their products to the large and diverse trade customer base.

The Company has an extensive customer base spanning independent and multiple retailers, small and large contractors, and house builders.

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