Headlam Group (LON:HEAD) Trading Up 27% – Still a Buy?

Headlam Group plc (LON:HEADGet Free Report) shares traded up 27% on Tuesday . The stock traded as high as GBX 9.40 and last traded at GBX 9.30. 6,214,113 shares were traded during trading, an increase of 416% from the average session volume of 1,204,500 shares. The stock had previously closed at GBX 7.32.

Headlam Group Stock Performance

The firm has a market cap of £7.47 million, a P/E ratio of -0.09 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 business’s fifty day simple moving average is GBX 19.75 and its 200-day simple moving average is GBX 33.16.

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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