Headlam Group (LON:HEAD) Sets New 12-Month Low – Here’s Why

Headlam Group plc (LON:HEAD) shares reached a new 52-week low on Monday . The stock traded as low as GBX 94.60 ($1.22) and last traded at GBX 95 ($1.23), with a volume of 55666 shares trading hands. The stock had previously closed at GBX 96 ($1.24).

Headlam Group Stock Performance

The company has a market capitalization of £75.66 million, a P/E ratio of -6.20 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. The business’s fifty day simple moving average is GBX 120.52 and its 200-day simple moving average is GBX 130.98.

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

Insider Transactions at Headlam Group

In other news, insider Robin George Williams acquired 5,280 shares of the business’s stock in a transaction on Monday, March 24th. The shares were acquired at an average price of GBX 96 ($1.24) per share, for a total transaction of £5,068.80 ($6,545.45). 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.