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

Headlam Group plc (LON:HEAD)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as GBX 38.60 and last traded at GBX 39.90, with a volume of 223715 shares changing hands. The stock had previously closed at GBX 42.50.

Headlam Group Trading Down 6.1%

The company’s 50 day simple moving average is GBX 43.15 and its 200-day simple moving average is GBX 49.38. The firm has a market cap of £32.02 million, a P/E ratio of -0.70 and a beta of 0.86. The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 114.27.

Headlam Group (LON:HEAD) last issued its 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%. As a group, research analysts predict that Headlam Group plc will post 7.3753605 earnings per share for the current fiscal 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.