Headlam Group (LON:HEAD) Hits New 1-Year Low – Here’s What Happened

by · The Cerbat Gem

Shares of Headlam Group plc (LON:HEAD – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 129 ($1.69) and last traded at GBX 131 ($1.71), with a volume of 54208 shares. The stock had previously closed at GBX 131.50 ($1.72).

Headlam Group Stock Performance

The company has a market capitalization of £106.24 million, a price-to-earnings ratio of -876.67 and a beta of 1.42. The firm has a fifty day simple moving average of GBX 144.46 and a 200 day simple moving average of GBX 153.68. The company has a debt-to-equity ratio of 46.58, a current ratio of 1.29 and a quick ratio of 0.72.

Insider Buying and Selling

In other Headlam Group news, insider Robin George Williams bought 4,250 shares of the stock in a transaction on Tuesday, October 1st. The shares were bought at an average price of GBX 138 ($1.81) per share, with a total value of £5,865 ($7,675.70). Insiders own 4.23% of the company’s stock.

About Headlam Group

(Get Free Report)

Headlam Group plc, together with its subsidiaries, engages in sale, marketing, supply, and distribution of floorcovering and other ancillary products in the United Kingdom and Continental Europe. The company offers its products to independent and multiple retailers, small and large contractors, and housebuilders.

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