Headlam Group (LON:HEAD) Sets New 52-Week Low – Should You Sell?

Headlam Group plc (LON:HEAD) shares hit a new 52-week low on Friday . The stock traded as low as GBX 33.50 and last traded at GBX 34, with a volume of 1216234 shares. The stock had previously closed at GBX 34.

Headlam Group Stock Performance

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 company has a market capitalization of £27.29 million, a price-to-earnings ratio of -0.60 and a beta of 0.86. The stock’s fifty day simple moving average is GBX 42.37 and its 200-day simple moving average is GBX 48.34.

Headlam Group (LON:HEAD) last posted its quarterly earnings results 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%. Analysts predict that Headlam Group plc will post 7.3753605 EPS for the current year.

Headlam Group Company Profile

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.