Headlam Group (LON:HEAD) Stock Price Down 37.5% – Should You Sell?

Shares of Headlam Group plc (LON:HEADGet Free Report) were down 37.5% on Monday . The company traded as low as GBX 4.70 and last traded at GBX 5. 4,085,790 shares changed hands during mid-day trading, an increase of 660% from the average session volume of 537,478 shares. The stock had previously closed at GBX 8.

Headlam Group Stock Performance

The company has a market cap of £4.01 million, a price-to-earnings ratio of -0.05 and a beta of 0.84. The firm’s 50 day simple moving average is GBX 25.90 and its 200-day simple moving average is GBX 35.69. The company has a debt-to-equity ratio of 114.27, a quick ratio of 0.72 and a current ratio of 1.15.

Headlam Group Company Profile

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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.

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