Headlam Group (LON:HEAD) Stock Price Down 37.5% – Should You Sell?

Headlam Group plc (LON:HEAD)’s stock price traded down 37.5% during trading on Monday . The stock traded as low as GBX 4.70 and last traded at GBX 5. 4,085,790 shares traded hands during mid-day trading, an increase of 660% from the average session volume of 537,478 shares. The stock had previously closed at GBX 8.

Headlam Group Stock Performance

The firm’s 50-day simple moving average is GBX 27.69 and its two-hundred day simple moving average is GBX 36.28. 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 £4.01 million, a PE ratio of -0.05 and a beta of 0.84.

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.