Headlam Group (LON:HEAD) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Headlam Group plc (LON:HEADGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 38.80 and traded as low as GBX 19.05. Headlam Group shares last traded at GBX 20.10, with a volume of 387,879 shares changing hands.

Headlam Group Stock Performance

The company’s fifty day moving average is GBX 32.21 and its 200 day moving average is GBX 38.67. The company has a market cap of £16.54 million, a P/E ratio of -0.20 and a beta of 0.82. 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 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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