Headlam Group (LON:HEAD) Stock Price Down 10.1% – Time to Sell?

Headlam Group plc (LON:HEADGet Free Report) shares fell 10.1% during trading on Monday . The company traded as low as GBX 9.30 and last traded at GBX 11.15. 4,721,486 shares traded hands during mid-day trading, an increase of 263% from the average daily volume of 1,300,642 shares. The stock had previously closed at GBX 12.40.

Headlam Group Trading Down 10.1%

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 business has a 50 day simple moving average of GBX 17.19 and a two-hundred day simple moving average of GBX 32.19. The stock has a market cap of £8.95 million, a price-to-earnings ratio of -0.11 and a beta of 0.84.

About Headlam Group

(Get Free Report)

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.

Recommended Stories

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.