Headlam Group (LON:HEAD) Reaches New 1-Year Low - Should You Sell?

Key Points

• Headlam Group plc's shares fell to a new 52-week low, trading at GBX 68.80 ($0.92), down 4.7% from the previous close.
• The company has a market capitalization of £55.21 million, a PE ratio of -220.51, and a substantial debt-to-equity ratio of 46.58.
• With over 30 years of experience, Headlam is the UK's leading floorcovering distributor, operating 17 distribution branches and 76 trade counters nationwide.

Shares of Headlam Group plc (LON:HEAD - ) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 68.20 ($0.91) and last traded at GBX 68.80 ($0.92), with a volume of 132622 shares traded. The stock had previously closed at GBX 72.20 ($0.97).

Headlam Group Stock Down 4.7%

The company has a debt-to-equity ratio of 46.58, a current ratio of 1.29 and a quick ratio of 0.72. The business's 50 day simple moving average is GBX 82.44 and its 200 day simple moving average is GBX 90.66. The company has a market capitalization of £55.21 million, a PE ratio of -220.51 and a beta of 1.42.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.