Headlam Group (LON:HEAD) Stock Price Up 13.4% – Still a Buy?

Headlam Group plc (LON:HEAD)’s share price traded up 13.4% during trading on Tuesday . The company traded as high as GBX 54.40 and last traded at GBX 50.80. 3,465,657 shares traded hands during trading, an increase of 1,016% from the average session volume of 310,414 shares. The stock had previously closed at GBX 44.80.

Headlam Group Stock Performance

The firm has a 50-day moving average of GBX 37.91 and a two-hundred day moving average of GBX 44.90. The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 114.27. The company has a market capitalization of £40.78 million, a PE ratio of -0.50 and a beta of 0.82.

Headlam Group (LON:HEAD) last posted its quarterly earnings data on Wednesday, March 25th. The company reported GBX (44.10) EPS for the quarter. Headlam Group had a negative net margin of 16.42% and a negative return on equity of 61.90%. Research analysts anticipate that Headlam Group plc will post 7.3753605 EPS for the current year.

Headlam Group Company Profile

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.