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

Headlam Group plc (LON:HEAD)’s stock price was down 6% on Monday . The stock traded as low as GBX 37 and last traded at GBX 37.96. Approximately 81,613 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 371,642 shares. The stock had previously closed at GBX 40.40.

Headlam Group Price Performance

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

Headlam Group (LON:HEAD) 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 return on equity of 61.90% and a negative net margin of 16.42%. As a group, sell-side analysts anticipate that Headlam Group plc will post 7.3753605 EPS for the current year.

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.