Headlam Group (LON:HEAD) Issues Quarterly Earnings Results

Headlam Group (LON:HEAD) released its quarterly earnings results on Tuesday. The company reported GBX (35) (($0.45)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Headlam Group had a negative net margin of 1.98% and a negative return on equity of 5.80%.

Headlam Group Stock Down 0.8 %

Headlam Group stock traded down GBX 0.77 ($0.01) during midday trading on Thursday, hitting GBX 102.23 ($1.33). 21,717 shares of the stock were exchanged, compared to its average volume of 44,832. The company has a quick ratio of 0.72, a current ratio of 1.29 and a debt-to-equity ratio of 46.58. The stock has a market capitalization of £81.42 million, a price-to-earnings ratio of -6.67 and a beta of 1.42. Headlam Group has a 52-week low of GBX 102.23 ($1.33) and a 52-week high of GBX 188.60 ($2.45). The business’s 50-day moving average price is GBX 126.36 and its 200-day moving average price is GBX 133.44.

Insiders Place Their Bets

In related news, insider Jemima Bird purchased 7,677 shares of Headlam Group stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average price of GBX 147 ($1.91) per share, for a total transaction of £11,285.19 ($14,635.18). Insiders own 4.26% of the company’s stock.

About Headlam Group

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.