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

Shares of Headlam Group plc (LON:HEAD) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 20 and last traded at GBX 20.20, with a volume of 264954 shares changing hands. The stock had previously closed at GBX 20.90.

Headlam Group Price Performance

The business’s fifty day moving average is GBX 35.09 and its 200 day moving average is GBX 41.56. The company has a market cap of £16.22 million, a P/E ratio of -0.20 and a beta of 0.82. The company has a current ratio of 1.15, a quick ratio of 0.72 and a debt-to-equity ratio of 114.27.

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