Headlam Group (LON:HEAD) Sets New 1-Year Low – What’s Next?

Headlam Group plc (LON:HEADGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 12.55 and last traded at GBX 12.60, with a volume of 1287364 shares trading hands. The stock had previously closed at GBX 13.20.

Headlam Group Trading Down 4.5%

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 business has a fifty day simple moving average of GBX 29.83 and a 200 day simple moving average of GBX 37.06. The company has a market cap of £10.12 million, a P/E ratio of -0.12 and a beta of 0.84.

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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