Headlam Group (LON:HEAD) Reaches New 52-Week Low - Here's Why

Key Points

• Headlam Group shares reached a new **52-week low**, trading as low as **GBX 66 ($0.89)**, indicating a significant decline in stock value.
• The company has a **market capitalization of £54.09 million** and a troubling **price-to-earnings ratio of -216.03**, raising concerns about its financial health.
• Headlam Group is the **UK's leading floorcovering distributor** with a vast network of over **2,030 employees** and a diverse customer base, despite its current stock performance challenges.

Headlam Group plc (LON:HEAD - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 66 ($0.89) and last traded at GBX 67.40 ($0.91), with a volume of 103644 shares traded. The stock had previously closed at GBX 68 ($0.92).

Headlam Group Price Performance

The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 46.58. The firm has a market cap of £51.68 million, a price-to-earnings ratio of -206.41 and a beta of 1.42. The company's 50-day moving average is GBX 79.03 and its 200-day moving average is GBX 87.81.

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.