Headlam Group (LON:HEAD) Hits New 1-Year Low – Should You Sell?

Headlam Group plc (LON:HEAD) shares hit a new 52-week low during trading on Monday . The stock traded as low as GBX 94.60 ($1.22) and last traded at GBX 95 ($1.23), with a volume of 55666 shares changing hands. The stock had previously closed at GBX 96 ($1.24).

Headlam Group Price Performance

The stock has a 50-day moving average price of GBX 120.52 and a two-hundred day moving average price of GBX 130.98. The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 46.58. The stock has a market cap of £75.66 million, a price-to-earnings ratio of -6.20 and a beta of 1.42.

Headlam Group (LON:HEAD) last issued its quarterly earnings results on Tuesday, March 11th. The company reported GBX (35) (($0.45)) earnings per share (EPS) for the quarter. Headlam Group had a negative net margin of 1.98% and a negative return on equity of 5.80%. As a group, equities research analysts forecast that Headlam Group plc will post 7.3753605 EPS for the current year.

Insider Buying and Selling

In related news, insider Robin George Williams acquired 5,280 shares of the firm’s stock in a transaction dated Monday, March 24th. The stock was acquired at an average price of GBX 96 ($1.24) per share, with a total value of £5,068.80 ($6,545.45). 4.26% of the stock is owned by corporate insiders.

About Headlam Group

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.