Headlam Group (LON:HEAD) Stock Price Up 12.7% – Should You Buy?

Headlam Group plc (LON:HEADGet Free Report) shares shot up 12.7% during mid-day trading on Friday . The stock traded as high as GBX 9.22 and last traded at GBX 8.90. 2,324,960 shares changed hands during trading, an increase of 77% from the average session volume of 1,316,963 shares. The stock had previously closed at GBX 7.90.

Headlam Group Stock Up 12.7%

The stock has a market capitalization of £7.15 million, a PE ratio of -0.09 and a beta of 0.77. 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 company’s 50-day moving average is GBX 13.36 and its 200 day moving average is GBX 29.82.

About Headlam Group

(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.

Featured Articles

Receive News & Ratings for Headlam Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Headlam Group and related companies with MarketBeat.com's FREE daily email newsletter.