Headlam Group (LON:HEAD) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Headlam Group plc (LON:HEADGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 147.29 ($1.86) and traded as low as GBX 133.58 ($1.68). Headlam Group shares last traded at GBX 134 ($1.69), with a volume of 64,888 shares trading hands.

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 stock has a 50 day simple moving average of GBX 136.46 and a 200 day simple moving average of GBX 146.91. The company has a market capitalization of £109.07 million, a price-to-earnings ratio of -900.00 and a beta of 1.42.

Insider Buying and Selling at Headlam Group

In other Headlam Group news, insider Robin George Williams purchased 4,250 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were bought at an average price of GBX 138 ($1.74) per share, with a total value of £5,865 ($7,391.30). 4.26% of the stock is currently owned by insiders.

Headlam Group Company Profile

(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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