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

Headlam Group plc (LON:HEAD)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 12.55 and last traded at GBX 12.60, with a volume of 1287364 shares trading hands. The stock had previously closed at GBX 13.20.

Headlam Group Price Performance

The firm has a market capitalization of £10.12 million, a price-to-earnings ratio of -0.12 and a beta of 0.84. 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 business has a 50-day moving average price of GBX 29.83 and a two-hundred day moving average price of GBX 37.06.

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.