Headlam Group (LON:HEAD) Trading Down 6% – Time to Sell?

Headlam Group plc (LON:HEAD)’s share price was down 6% during mid-day trading on Monday . The stock traded as low as GBX 37 and last traded at GBX 37.96. Approximately 81,613 shares changed hands during trading, a decline of 78% from the average daily volume of 371,642 shares. The stock had previously closed at GBX 40.40.

Headlam Group Trading Up 5.2%

The stock has a market cap of £26.85 million, a price-to-earnings ratio of -0.33 and a beta of 0.82. The business’s 50 day moving average is GBX 37.91 and its 200 day moving average is GBX 43.67. The company has a debt-to-equity ratio of 114.27, a current ratio of 1.15 and a quick ratio of 0.72.

Headlam Group (LON:HEAD) last announced its quarterly 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%. As a group, equities analysts expect 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.