Headlam Group (LON:HEAD) Trading Down 13.7% – Should You Sell?

Headlam Group plc (LON:HEAD)’s stock price traded down 13.7% on Thursday . The company traded as low as GBX 33.48 and last traded at GBX 33.48. 1,034,822 shares were traded during mid-day trading, an increase of 345% from the average session volume of 232,603 shares. The stock had previously closed at GBX 38.80.

Headlam Group Stock Up 17.0%

The stock has a 50-day moving average of GBX 37.73 and a two-hundred day moving average of GBX 44.99. The company has a market cap of £35.97 million, a P/E ratio of -0.44 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.

Headlam Group (LON:HEAD) last released its earnings results 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, research analysts anticipate that Headlam Group plc will post 7.3753605 EPS 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.