Headlam Group (LON:HEAD) Sets New 52-Week Low – What’s Next?

Headlam Group plc (LON:HEAD)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 29 and last traded at GBX 29, with a volume of 153077 shares trading hands. The stock had previously closed at GBX 30.60.

Headlam Group Price Performance

The company has a debt-to-equity ratio of 114.27, a current ratio of 1.15 and a quick ratio of 0.72. The firm has a market capitalization of £23.28 million, a price-to-earnings ratio of -0.28 and a beta of 0.86. The business’s fifty day simple moving average is GBX 39.47 and its 200 day simple moving average is GBX 46.08.

Headlam Group (LON:HEAD) last posted 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 net margin of 16.42% and a negative return on equity of 61.90%. On average, research analysts forecast 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.