Headlam Group (LON:HEAD) Issues Earnings Results

Headlam Group (LON:HEAD) released its quarterly earnings results on Tuesday. The company reported GBX (35) (($0.45)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Headlam Group had a negative net margin of 1.98% and a negative return on equity of 5.80%.

Headlam Group Price Performance

HEAD stock opened at GBX 104.95 ($1.35) on Tuesday. The company has a market capitalization of £83.59 million, a P/E ratio of -6.85 and a beta of 1.42. The company has a debt-to-equity ratio of 46.58, a quick ratio of 0.72 and a current ratio of 1.29. Headlam Group has a 52-week low of GBX 103.93 ($1.34) and a 52-week high of GBX 188.60 ($2.43). The business has a 50-day simple moving average of GBX 127.89 and a two-hundred day simple moving average of GBX 133.93.

Insider Transactions at Headlam Group

In other Headlam Group news, insider Jemima Bird bought 7,677 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were purchased at an average price of GBX 147 ($1.89) per share, for a total transaction of £11,285.19 ($14,529.66). Company insiders own 4.26% of the company’s stock.

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.