Headlam Group (LON:HEAD) Trading Down 9.9% – What’s Next?

Headlam Group plc (LON:HEAD) shares traded down 9.9% during trading on Tuesday . The company traded as low as GBX 20.80 and last traded at GBX 20.90. Approximately 1,521,568 shares were traded during trading, an increase of 249% from the average daily volume of 435,645 shares. The stock had previously closed at GBX 23.20.

Headlam Group Stock Up 3.5%

The company has a market capitalization of £16.78 million, a price-to-earnings ratio of -0.20 and a beta of 0.82. The business has a fifty day simple moving average of GBX 34.81 and a two-hundred day simple moving average of GBX 41.32. The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 114.27.

Headlam Group (LON:HEAD) last issued 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 return on equity of 61.90% and a negative net margin of 16.42%. Equities analysts expect that Headlam Group plc will post 7.3753605 EPS for the current year.

About Headlam Group

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.