Headlam Group (LON:HEAD) Trading 12.7% Higher – What’s Next?

Headlam Group plc (LON:HEADGet Free Report)’s share price was up 12.7% during mid-day trading on Friday . The company traded as high as GBX 10.76 and last traded at GBX 10.50. 302,837 shares were traded during trading, a decline of 77% from the average session volume of 1,315,756 shares. The stock had previously closed at GBX 9.32.

Headlam Group Stock Performance

The company has a debt-to-equity ratio of 114.27, a quick ratio of 0.72 and a current ratio of 1.15. The company has a market cap of £8.43 million, a price-to-earnings ratio of -0.10 and a beta of 0.77. The firm’s 50-day moving average price is GBX 12.42 and its 200 day moving average price is GBX 28.79.

Headlam Group Company Profile

(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.

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