Headlam Group (LON:HEAD) Hits New 1-Year Low – Here’s What Happened

Headlam Group plc (LON:HEAD)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 120.50 ($1.48) and last traded at GBX 128 ($1.57), with a volume of 96809 shares. The stock had previously closed at GBX 130 ($1.60).

Headlam Group Stock Down 1.5 %

The company has a quick ratio of 0.72, a current ratio of 1.29 and a debt-to-equity ratio of 46.58. The company’s fifty day simple moving average is GBX 135.22 and its 200 day simple moving average is GBX 138.63. The firm has a market capitalization of £103.41 million, a PE ratio of -853.33 and a beta of 1.42.

Insiders Place Their Bets

In related news, insider Jemima Bird acquired 7,677 shares of the stock in a transaction on Friday, December 20th. The stock was acquired at an average cost of GBX 147 ($1.81) per share, for a total transaction of £11,285.19 ($13,865.57). 4.26% of the stock is currently owned by company insiders.

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.