Headlam Group (LON:HEAD) Hits New 52-Week Low – What’s Next?

Headlam Group plc (LON:HEAD) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 112 ($1.42) and last traded at GBX 114.50 ($1.45), with a volume of 71158 shares changing hands. The stock had previously closed at GBX 114.50 ($1.45).

Headlam Group Price Performance

The company has a market cap of £91.19 million, a price-to-earnings ratio of -7.47 and a beta of 1.42. The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 46.58. The company has a fifty day moving average price of GBX 132.89 and a two-hundred day moving average price of GBX 136.40.

Insider Buying and Selling at Headlam Group

In related news, insider Jemima Bird acquired 7,677 shares of the company’s stock in a transaction on Friday, December 20th. The stock was purchased at an average cost of GBX 147 ($1.86) per share, for a total transaction of £11,285.19 ($14,281.44). Insiders own 4.26% of the company’s stock.

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.