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

Headlam Group plc (LON:HEAD - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The company traded as low as GBX 98.80 ($1.28) and last traded at GBX 98.40 ($1.28), with a volume of 61220 shares changing hands. The stock had previously closed at GBX 102 ($1.32).

Headlam Group Stock Performance

The stock's 50-day moving average is GBX 121.41 and its 200 day moving average is GBX 131.61. 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 stock has a market cap of £77.26 million, a price-to-earnings ratio of -6.33 and a beta of 1.42.

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

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.