Headlam Group (LON:HEAD) Share Price Crosses Below Two Hundred Day Moving Average of $327.17

Headlam Group plc (LON:HEADGet Rating)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 327.17 ($3.95) and traded as low as GBX 264.70 ($3.20). Headlam Group shares last traded at GBX 270 ($3.26), with a volume of 42,946 shares changing hands.

Headlam Group Price Performance

The business has a fifty day simple moving average of GBX 290.23 and a 200 day simple moving average of GBX 326.34. The firm has a market cap of £224.41 million and a price-to-earnings ratio of 842.19. The company has a debt-to-equity ratio of 28.16, a current ratio of 1.43 and a quick ratio of 0.72.

Headlam Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, November 28th. Investors of record on Thursday, October 27th will be issued a GBX 6.20 ($0.07) dividend. The ex-dividend date is Thursday, October 27th. This represents a dividend yield of 2.36%. Headlam Group’s dividend payout ratio is presently 24.38%.

Insider Activity at Headlam Group

In related news, insider Simon King purchased 10,661 shares of the business’s stock in a transaction that occurred on Wednesday, July 13th. The stock was purchased at an average price of GBX 280 ($3.38) per share, with a total value of £29,850.80 ($36,069.12).

Headlam Group Company Profile

(Get Rating)

Headlam Group plc, together with its subsidiaries, sells, markets, supplies, and distributes floorcovering and other ancillary products in the United Kingdom and Continental Europe. The company offers its products to residential and commercial sector, such as independent retailers and flooring contractors, as well as other groups, including larger retailers, housebuilders, specifiers, and local contractors.

Further Reading

Receive News & Ratings for Headlam Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Headlam Group and related companies with MarketBeat.com's FREE daily email newsletter.