Headlam Group (LON:HEAD) Reaches New 1-Year Low – What’s Next?

Shares of Headlam Group plc (LON:HEAD) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 110 ($1.41) and last traded at GBX 112 ($1.43), with a volume of 82539 shares trading hands. The stock had previously closed at GBX 115 ($1.47).

Headlam Group Price 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 stock’s 50 day moving average price is GBX 130.10 and its two-hundred day moving average price is GBX 134.86. The stock has a market cap of £89.20 million, a price-to-earnings ratio of -7.31 and a beta of 1.42.

Insider Buying and Selling at Headlam Group

In other news, insider Jemima Bird bought 7,677 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average cost of GBX 147 ($1.88) per share, for a total transaction of £11,285.19 ($14,436.73). Company 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.