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

Headlam Group plc (LON:HEAD)’s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 98.80 ($1.28) and last traded at GBX 98.40 ($1.28), with a volume of 61220 shares trading hands. The stock had previously closed at GBX 102 ($1.33).

Headlam Group Stock Performance

The company has a quick ratio of 0.72, a current ratio of 1.29 and a debt-to-equity ratio of 46.58. The company has a market cap of £78.05 million, a P/E ratio of -6.39 and a beta of 1.42. The business has a fifty day moving average of GBX 123.04 and a 200 day moving average of GBX 132.07.

Headlam Group (LON:HEAD) last announced its earnings results on Tuesday, March 11th. The company reported GBX (35) (($0.46)) EPS for the quarter. Headlam Group had a negative net margin of 1.98% and a negative return on equity of 5.80%. On average, equities analysts predict that Headlam Group plc will post 7.3753605 EPS for the current year.

Insiders Place Their Bets

In related news, insider Jemima Bird bought 7,677 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were purchased at an average cost of GBX 147 ($1.91) per share, with a total value of £11,285.19 ($14,671.33). 4.26% of the stock is owned by corporate insiders.

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.