Headlam Group plc (LON:HEAD)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 450.50 ($6.22) and last traded at GBX 455 ($6.29), with a volume of 155004 shares trading hands. The stock had previously closed at GBX 455 ($6.29).

Separately, Peel Hunt reissued a “buy” rating and issued a GBX 650 ($8.98) target price on shares of Headlam Group in a research note on Wednesday, January 31st.

The company has a market capitalization of $382.68 and a P/E ratio of 1,137.18.

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Headlam Group Company Profile

Headlam Group Plc is a United Kingdom-based company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The Company’s operations are focused on providing customers, principally independent floorcovering retailers and contractors, with a range of floorcovering products supported by a next day delivery service.

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