Headlam Group (LON:HEAD) Reaches New 12-Month Low - What's Next?

Headlam Group plc (LON:HEAD - Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as GBX 80 ($1.05) and last traded at GBX 83.40 ($1.09), with a volume of 66727 shares changing hands. The stock had previously closed at GBX 93 ($1.22).

Headlam Group Stock Performance

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 market capitalization of £66.26 million, a PE ratio of -5.43 and a beta of 1.42. The firm's 50-day simple moving average is GBX 104.19 and its 200-day simple moving average is GBX 124.08.

Headlam Group (LON:HEAD - Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported GBX (35) (($0.46)) earnings per share (EPS) for the quarter. Headlam Group had a negative net margin of 1.98% and a negative return on equity of 5.80%. On average, research analysts predict that Headlam Group plc will post 7.3753605 earnings per share for the current year.

Insiders Place Their Bets

In other Headlam Group news, insider Robin George Williams acquired 5,280 shares of the company's stock in a transaction dated Monday, March 24th. The shares were purchased at an average cost of GBX 96 ($1.26) per share, for a total transaction of £5,068.80 ($6,634.55). Company insiders own 4.26% of the company's stock.

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.