Headlam Group (LON:HEAD) Hits New 1-Year Low – What’s Next?

Shares of Headlam Group plc (LON:HEADGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 129 ($1.69) and last traded at GBX 131 ($1.71), with a volume of 54208 shares. The stock had previously closed at GBX 131.50 ($1.72).

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 firm’s fifty day moving average price is GBX 144.46 and its 200 day moving average price is GBX 153.68. The stock has a market capitalization of £106.24 million, a price-to-earnings ratio of -876.67 and a beta of 1.42.

Insiders Place Their Bets

In other news, insider Robin George Williams acquired 4,250 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were purchased at an average price of GBX 138 ($1.81) per share, for a total transaction of £5,865 ($7,675.70). 4.23% of the stock is owned by insiders.

About Headlam Group

(Get Free Report)

Headlam Group plc, together with its subsidiaries, engages in sale, marketing, supply, and distribution of floorcovering and other ancillary products in the United Kingdom and Continental Europe. The company offers its products to independent and multiple retailers, small and large contractors, and housebuilders.

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