Headlam Group (LON:HEAD) Posts Quarterly Earnings Results

Headlam Group (LON:HEAD) announced its quarterly earnings data on Tuesday. The company reported GBX (35) (($0.45)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Headlam Group had a negative net margin of 1.98% and a negative return on equity of 5.80%.

Headlam Group Price Performance

LON HEAD traded up GBX 0.50 ($0.01) during trading on Thursday, hitting GBX 103.50 ($1.34). 20,182 shares of the company’s stock were exchanged, compared to its average volume of 44,802. The stock’s 50 day moving average price is GBX 126.36 and its two-hundred day moving average price is GBX 133.44. The company has a market cap of £82.43 million, a PE ratio of -6.75 and a beta of 1.42. Headlam Group has a fifty-two week low of GBX 102.23 ($1.33) and a fifty-two week high of GBX 188.60 ($2.45). The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 46.58.

Insider Activity

In other news, insider Jemima Bird acquired 7,677 shares of the stock in a transaction dated Friday, December 20th. The stock was bought at an average price of GBX 147 ($1.91) per share, with a total value of £11,285.19 ($14,635.18). 4.26% of the stock is owned by corporate insiders.

Headlam Group Company Profile

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.