Headlam Group (LON:HEAD) Reaches New 52-Week Low – Should You Sell?

Shares of Headlam Group plc (LON:HEAD) hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 38.60 and last traded at GBX 39.90, with a volume of 223715 shares. The stock had previously closed at GBX 42.50.

Headlam Group Price Performance

The stock has a 50-day moving average price of GBX 43.15 and a two-hundred day moving average price of GBX 49.38. The company has a current ratio of 1.15, a quick ratio of 0.72 and a debt-to-equity ratio of 114.27. The stock has a market cap of £32.02 million, a price-to-earnings ratio of -0.70 and a beta of 0.86.

Headlam Group (LON:HEAD) last announced its earnings results on Wednesday, March 25th. The company reported GBX (44.10) earnings per share (EPS) for the quarter. Headlam Group had a negative net margin of 16.42% and a negative return on equity of 61.90%. As a group, equities research analysts forecast that Headlam Group plc will post 7.3753605 EPS for the current year.

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.