Headlam Group (LON:HEAD) Stock Price Down 14.2% – Should You Sell?

Headlam Group plc (LON:HEAD)’s stock price dropped 14.2% during mid-day trading on Monday . The company traded as low as GBX 37 and last traded at GBX 37. Approximately 497,869 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 341,209 shares. The stock had previously closed at GBX 43.10.

Headlam Group Stock Down 15.8%

The business has a 50-day moving average price of GBX 38.61 and a 200 day moving average price of GBX 44.49. The company has a current ratio of 1.15, a quick ratio of 0.72 and a debt-to-equity ratio of 114.27. The stock has a market capitalization of £24.33 million, a P/E ratio of -0.30 and a beta of 0.82.

Headlam Group (LON:HEAD) last announced 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 return on equity of 61.90% and a negative net margin of 16.42%. On average, equities analysts expect that Headlam Group plc will post 7.3753605 EPS 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.