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

Headlam Group plc (LON:HEAD) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 18.56 and last traded at GBX 18.80, with a volume of 316377 shares trading hands. The stock had previously closed at GBX 19.95.

Headlam Group Price Performance

The company’s 50-day simple moving average is GBX 33.69 and its 200 day simple moving average is GBX 40.14. The company has a market capitalization of £15.09 million, a P/E ratio of -0.18 and a beta of 0.82. The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 114.27.

Headlam Group (LON:HEAD) last released its quarterly earnings results on Wednesday, March 25th. The company reported GBX (44.10) earnings per share for the quarter. Headlam Group had a negative net margin of 16.42% and a negative return on equity of 61.90%. As a group, sell-side analysts expect that Headlam Group plc will post 7.3753605 earnings per share for the current fiscal year.

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.