Headlam Group (LON:HEAD) Trading Down 6% – What’s Next?

Shares of Headlam Group plc (LON:HEADGet Free Report) traded down 6% during trading on Monday . The stock traded as low as GBX 37 and last traded at GBX 37.96. 81,613 shares were traded during mid-day trading, a decline of 78% from the average session volume of 371,642 shares. The stock had previously closed at GBX 40.40.

Headlam Group Stock Down 13.2%

The firm’s 50-day moving average price is GBX 38.14 and its 200 day moving average price is GBX 43.81. The firm has a market capitalization of £28.16 million, a price-to-earnings ratio of -0.34 and a beta of 0.82. The company has a debt-to-equity ratio of 114.27, a current ratio of 1.15 and a quick ratio of 0.72.

Headlam Group (LON:HEADGet Free Report) last released its quarterly earnings results on Wednesday, March 25th. The company reported GBX (44.10) EPS for the quarter. Headlam Group had a negative net margin of 16.42% and a negative return on equity of 61.90%. Sell-side analysts expect that Headlam Group plc will post 7.3753605 EPS for the current year.

Headlam Group Company Profile

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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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