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

Headlam Group plc (LON:HEAD)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 103.93 ($1.35) and last traded at GBX 104.73 ($1.36), with a volume of 220066 shares changing hands. The stock had previously closed at GBX 110 ($1.42).

Headlam Group Stock Performance

The company has a market capitalization of £82.03 million, a price-to-earnings ratio of -6.72 and a beta of 1.42. The firm has a fifty day moving average price of GBX 125.60 and a 200-day moving average price of GBX 133.23. The company has a debt-to-equity ratio of 46.58, a quick ratio of 0.72 and a current ratio of 1.29.

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

Insiders Place Their Bets

In other Headlam Group news, insider Jemima Bird bought 7,677 shares of the stock in a transaction on Friday, December 20th. The stock was purchased at an average price of GBX 147 ($1.90) per share, with a total value of £11,285.19 ($14,618.12). Corporate insiders own 4.26% of the company’s stock.

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.