Headlam Group (LON:HEAD) Trading Up 10.3% – Still a Buy?

Headlam Group plc (LON:HEAD) traded up 10.3% on Thursday . The stock traded as high as GBX 33.99 and last traded at GBX 33.10. 1,591,890 shares were traded during trading, an increase of 337% from the average session volume of 363,994 shares. The stock had previously closed at GBX 30.

Headlam Group Trading Up 10.7%

The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 114.27. The company has a fifty day moving average of GBX 38.39 and a two-hundred day moving average of GBX 44.32. The stock has a market capitalization of £26.67 million, a price-to-earnings ratio of -0.33 and a beta of 0.82.

Headlam Group (LON:HEAD) last issued its quarterly earnings results on Wednesday, March 25th. The company reported GBX (44.10) earnings per share for the quarter. Headlam Group had a negative return on equity of 61.90% and a negative net margin of 16.42%. On average, research analysts expect 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.