Headlam Group (LON:HEAD) Sets New 12-Month Low – Should You Sell?

Headlam Group plc (LON:HEADGet Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as GBX 12.55 and last traded at GBX 12.60, with a volume of 1287364 shares trading hands. The stock had previously closed at GBX 13.20.

Headlam Group Stock Down 1.8%

The stock’s fifty day moving average price is GBX 28.48 and its 200 day moving average price is GBX 36.55. 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 stock has a market cap of £9.14 million, a P/E ratio of -0.11 and a beta of 0.84.

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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