Headlam Group (LON:HEAD) Hits New 52-Week Low – Time to Sell?

Headlam Group plc (LON:HEAD) shares hit a new 52-week low on Monday . The stock traded as low as GBX 85.20 ($1.10) and last traded at GBX 86 ($1.11), with a volume of 151688 shares changing hands. The stock had previously closed at GBX 89 ($1.15).

Headlam Group Stock Performance

The company has a market capitalization of £68.49 million, a PE ratio of -5.61 and a beta of 1.42. 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 business’s fifty day moving average is GBX 115.75 and its two-hundred day moving average is GBX 129.02.

Headlam Group (LON:HEAD) last posted its quarterly earnings results on Tuesday, March 11th. The company reported GBX (35) (($0.45)) earnings per share for the quarter. Headlam Group had a negative return on equity of 5.80% and a negative net margin of 1.98%. Equities research analysts predict that Headlam Group plc will post 7.3753605 earnings per share for the current year.

Insider Buying and Selling at Headlam Group

In other news, insider Robin George Williams purchased 5,280 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were purchased at an average cost of GBX 96 ($1.24) per share, for a total transaction of £5,068.80 ($6,553.92). Company 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.