Headlam Group (LON:HEAD) Sets New 12-Month Low - Here's What Happened

Shares of Headlam Group plc (LON:HEAD - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 117.74 ($1.49) and last traded at GBX 118 ($1.50), with a volume of 9811 shares. The stock had previously closed at GBX 118 ($1.50).

Headlam Group Stock Performance

The stock has a market capitalization of £90.00 million, a P/E ratio of -7.37 and a beta of 1.42. The firm has a 50-day moving average of GBX 133.56 and a 200 day moving average of GBX 136.97. The company has a quick ratio of 0.72, a current ratio of 1.29 and a debt-to-equity ratio of 46.58.

Insider Buying and Selling

In related news, insider Jemima Bird acquired 7,677 shares of the business's stock in a transaction on Friday, December 20th. The stock was bought at an average cost of GBX 147 ($1.86) per share, with a total value of £11,285.19 ($14,299.53). 4.26% of the stock is owned by company 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.