Headlam Group (LON:HEAD) Reaches New 12-Month Low – Should You Sell?

by · The Cerbat Gem

Headlam Group plc (LON:HEAD – Get Free Report)’s share price hit a new 52-week low on Tuesday . The stock traded as low as GBX 103.93 ($1.35) and last traded at GBX 104.73 ($1.36), with a volume of 220066 shares. The stock had previously closed at GBX 110 ($1.42).

Headlam Group Price Performance

The firm has a market capitalization of £82.03 million, a price-to-earnings ratio of -6.72 and a beta of 1.42. The company has a debt-to-equity ratio of 46.58, a current ratio of 1.29 and a quick ratio of 0.72. The stock has a fifty day moving average of GBX 125.60 and a two-hundred day moving average of GBX 133.23.

Headlam Group (LON:HEAD – Get Free Report) last issued its quarterly 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%. Sell-side analysts anticipate that Headlam Group plc will post 7.3753605 earnings per share for the current year.

Insider Activity at Headlam Group

In related news, insider Jemima Bird purchased 7,677 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was purchased at an average cost of GBX 147 ($1.90) per share, with a total value of £11,285.19 ($14,618.12). 4.26% of the stock is owned by company insiders.

Headlam Group Company Profile

(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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