Headlam Group (LON:HEAD) Hits New 52-Week Low – Should You Sell?

Headlam Group plc (LON:HEAD)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 103.93 ($1.34) and last traded at GBX 104.73 ($1.35), with a volume of 220066 shares changing hands. The stock had previously closed at GBX 110 ($1.42).

Headlam Group Trading Down 4.8 %

The company has a debt-to-equity ratio of 46.58, a current ratio of 1.29 and a quick ratio of 0.72. The company has a market cap of £83.41 million, a P/E ratio of -6.83 and a beta of 1.42. The stock’s 50-day moving average is GBX 127.89 and its two-hundred day moving average is GBX 133.93.

Headlam Group (LON:HEAD) last posted its quarterly earnings data on Tuesday, March 11th. The company reported GBX (35) (($0.45)) EPS for the quarter. Headlam Group had a negative net margin of 1.98% and a negative return on equity of 5.80%. As a group, equities research analysts predict that Headlam Group plc will post 7.3753605 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Jemima Bird acquired 7,677 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average cost of GBX 147 ($1.89) per share, for a total transaction of £11,285.19 ($14,529.66). 4.26% of the stock is currently owned by insiders.

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.