Headlam Group (LON:HEAD) Hits New 1-Year Low – Here’s What Happened

Headlam Group plc (LON:HEAD)’s stock price hit a new 52-week low on Thursday . The stock traded as low as GBX 28.10 and last traded at GBX 29, with a volume of 1034299 shares trading hands. The stock had previously closed at GBX 31.30.

Headlam Group Trading Down 0.7%

The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 114.27. The business’s fifty day simple moving average is GBX 36.81 and its two-hundred day simple moving average is GBX 43.08. The company has a market cap of £23.12 million, a price-to-earnings ratio of -0.28 and a beta of 0.82.

Headlam Group (LON:HEAD) last released its quarterly earnings data on Wednesday, March 25th. The company reported GBX (44.10) earnings per share for the quarter. Headlam Group had a negative return on equity of 61.90% and a negative net margin of 16.42%. On average, equities analysts predict 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.