Headlam Group (LON:HEAD) Trading Down 9.2% – Time to Sell?

Headlam Group plc (LON:HEADGet Free Report)’s stock price was down 9.2% on Monday . The stock traded as low as GBX 8.40 and last traded at GBX 8.90. 2,385,593 shares were traded during trading, an increase of 82% from the average daily volume of 1,308,623 shares. The stock had previously closed at GBX 9.80.

Headlam Group Trading Down 9.2%

The stock has a market cap of £7.15 million, a PE ratio of -0.09 and a beta of 0.84. The firm has a 50-day moving average price of GBX 15.17 and a 200-day moving average price of GBX 30.98. The company has a debt-to-equity ratio of 114.27, a quick ratio of 0.72 and a current ratio of 1.15.

Headlam Group Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Headlam Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Headlam Group and related companies with MarketBeat.com's FREE daily email newsletter.