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

Headlam Group plc (LON:HEAD) hit a new 52-week low during trading 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 Stock Performance

The stock’s fifty day simple moving average is GBX 37.40 and its 200-day simple moving average is GBX 43.36. 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 company has a market capitalization of £23.28 million, a PE ratio of -0.28 and a beta of 0.82.

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