Shares of Headlam Group plc (LON:HEAD – Get Free Report) dropped 30% during trading on Tuesday . The company traded as low as GBX 13.05 and last traded at GBX 13.20. 7,222,017 shares traded hands during mid-day trading, an increase of 1,275% from the average session volume of 525,246 shares. The stock had previously closed at GBX 18.85.
Headlam Group Stock Down 30.0%
The company has a market capitalization of £10.60 million, a P/E ratio of -0.13 and a beta of 0.82. The company has a debt-to-equity ratio of 114.27, a quick ratio of 0.72 and a current ratio of 1.15. The firm’s fifty day moving average is GBX 30.58 and its 200-day moving average is GBX 37.31.
About Headlam Group
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.
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