Headlam Group (LON:HEAD) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Headlam Group plc (LON:HEAD) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 138.18 ($1.71) and traded as low as GBX 124 ($1.53). Headlam Group shares last traded at GBX 128.28 ($1.59), with a volume of 37,950 shares.

Headlam Group Stock Performance

The company has a fifty day moving average of GBX 134.81 and a two-hundred day moving average of GBX 138.18. The firm has a market capitalization of £100.58 million, a price-to-earnings ratio of -830.00 and a beta of 1.42. The company has a debt-to-equity ratio of 46.58, a quick ratio of 0.72 and a current ratio of 1.29.

Insider Transactions at Headlam Group

In related news, insider Jemima Bird purchased 7,677 shares of Headlam Group stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average price of GBX 147 ($1.82) per share, with a total value of £11,285.19 ($13,946.11). Insiders own 4.26% of the company’s stock.

About Headlam Group

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.