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

Headlam Group plc (LON:HEADGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 127 ($1.66) and last traded at GBX 127 ($1.66), with a volume of 21599 shares traded. The stock had previously closed at GBX 130 ($1.70).

Headlam Group Price Performance

The company has a 50-day moving average of GBX 142.37 and a 200 day moving average of GBX 151.91. 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 firm has a market cap of £102.60 million, a P/E ratio of -866.67 and a beta of 1.42.

Insider Activity

In other news, insider Robin George Williams acquired 4,250 shares of the firm’s stock in a transaction on Tuesday, October 1st. The shares were purchased at an average cost of GBX 138 ($1.80) per share, with a total value of £5,865 ($7,658.66). 4.26% of the stock is owned by corporate insiders.

About Headlam Group

(Get Free Report)

Headlam Group plc, together with its subsidiaries, engages in sale, marketing, supply, and distribution of floorcovering and other ancillary products in the United Kingdom and Continental Europe. The company offers its products to independent and multiple retailers, small and large contractors, and housebuilders.

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