Headlam Group (LON:HEAD) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

Headlam Group plc (LON:HEAD - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 139.48 ($1.76) and traded as low as GBX 137 ($1.72). Headlam Group shares last traded at GBX 140 ($1.76), with a volume of 18,726 shares trading hands.

Headlam Group Stock Performance

The firm has a market cap of £113.11 million, a price-to-earnings ratio of -933.33 and a beta of 1.42. 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 firm has a fifty day simple moving average of GBX 132.19 and a two-hundred day simple moving average of GBX 139.37.

Insider Buying and Selling

In other news, insider Robin George Williams acquired 4,250 shares of the company's stock in a transaction dated Tuesday, October 1st. The shares were acquired at an average price of GBX 138 ($1.74) per share, with a total value of £5,865 ($7,380.14). Also, insider Jemima Bird purchased 7,677 shares of the company's stock in a transaction that occurred on Friday, December 20th. The shares were purchased at an average price of GBX 147 ($1.85) per share, for a total transaction of £11,285.19 ($14,200.57). 4.26% of the stock is owned by company insiders.

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.