Headlam Group (LON:HEAD) Trading Down 9.9% – What’s Next?

Headlam Group plc (LON:HEADGet Free Report) shares fell 9.9% on Monday . The company traded as low as GBX 5.43 and last traded at GBX 5.80. 4,979,115 shares changed hands during trading, an increase of 404% from the average session volume of 986,992 shares. The stock had previously closed at GBX 6.44.

Headlam Group Trading Up 1.9%

The stock has a market capitalization of £4.29 million, a PE 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. The stock has a 50 day moving average price of GBX 22.26 and a 200-day moving average price of GBX 34.26.

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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