Headlam Group (LON:HEAD) Releases Earnings Results

Headlam Group (LON:HEAD) released its quarterly earnings results on Tuesday. The company reported GBX (35) (($0.45)) earnings per share for the quarter, Digital Look Earnings reports. Headlam Group had a negative return on equity of 5.80% and a negative net margin of 1.98%.

Headlam Group Stock Performance

LON HEAD opened at GBX 104.50 ($1.36) on Thursday. The stock has a fifty day simple moving average of GBX 126.36 and a 200-day simple moving average of GBX 133.44. Headlam Group has a twelve month low of GBX 103 ($1.34) and a twelve month high of GBX 188.60 ($2.45). The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 46.58. The stock has a market cap of £83.23 million, a PE ratio of -6.82 and a beta of 1.42.

Insider Buying and Selling

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 shares were purchased at an average price of GBX 147 ($1.91) per share, with a total value of £11,285.19 ($14,635.18). 4.26% of the stock is owned by corporate insiders.

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.