Headlam Group (LON:HEAD) Trading Down 37.5% – What’s Next?

Headlam Group plc (LON:HEADGet Free Report)’s stock price traded down 37.5% during trading on Monday . The company traded as low as GBX 4.70 and last traded at GBX 5. 4,085,790 shares changed hands during trading, an increase of 660% from the average daily volume of 537,478 shares. The stock had previously closed at GBX 8.

Headlam Group Stock Down 37.5%

The stock has a fifty day moving average of GBX 27.69 and a 200-day moving average of GBX 36.28. The firm has a market capitalization of £4.01 million, a price-to-earnings ratio of -0.05 and a beta of 0.84. The company has a current ratio of 1.15, a quick ratio of 0.72 and a debt-to-equity ratio of 114.27.

About Headlam Group

(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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