Headlam Group (LON:HEAD) Reaches New 12-Month Low - Here's Why

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

Headlam Group Price Performance

The company has a fifty day simple moving average of GBX 124.79 and a two-hundred day simple moving average of GBX 132.94. The company has a debt-to-equity ratio of 46.58, a quick ratio of 0.72 and a current ratio of 1.29. The company has a market capitalization of £81.24 million, a price-to-earnings ratio of -6.65 and a beta of 1.42.

Headlam Group (LON:HEAD - Get Free Report) last issued its quarterly earnings results on Tuesday, March 11th. The company reported GBX (35) (($0.45)) earnings per share 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, research analysts anticipate that Headlam Group plc will post 7.3753605 earnings per share for the current year.

Insider Buying and Selling at Headlam Group

In related news, insider Jemima Bird acquired 7,677 shares of the stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of GBX 147 ($1.90) per share, with a total value of £11,285.19 ($14,597.32). 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.