Headlam Group (LON:HEAD) Sets New 12-Month Low – Here’s Why

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

Headlam Group Stock Up 1.7%

The firm’s fifty day simple moving average is GBX 34.57 and its two-hundred day simple moving average is GBX 41.10. 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 £17.06 million, a price-to-earnings ratio of -0.21 and a beta of 0.82.

Headlam Group (LON:HEAD) last announced its quarterly earnings results on Wednesday, March 25th. The company reported GBX (44.10) earnings per share (EPS) for the quarter. Headlam Group had a negative return on equity of 61.90% and a negative net margin of 16.42%. Sell-side analysts anticipate 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.