Headlam Group (LON:HEAD) Stock Price Crosses Below 200 Day Moving Average - What's Next?

Headlam Group plc (LON:HEAD - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 116.79 ($1.55) and traded as low as GBX 93 ($1.24). Headlam Group shares last traded at GBX 93 ($1.24), with a volume of 23,860 shares traded.

Headlam Group Price Performance

The business's fifty day moving average is GBX 88.75 and its 200-day moving average is GBX 115.56. 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 firm has a market cap of £74.23 million, a PE ratio of -6.08 and a beta of 1.42.

Headlam Group (LON:HEAD - Get Free Report) last posted its earnings results on Tuesday, March 11th. The company reported GBX (35) (($0.47)) earnings per share for the quarter. Headlam Group had a negative return on equity of 5.80% and a negative net margin of 1.98%. On average, research analysts predict that Headlam Group plc will post 7.3753605 earnings per share for the current fiscal year.

Insider Transactions at Headlam Group

In related news, insider Jemima Bird bought 12,117 shares of the company's stock in a transaction on Thursday, May 1st. The stock was acquired at an average cost of GBX 82 ($1.09) per share, for a total transaction of £9,935.94 ($13,212.69). Also, insider Robin George Williams bought 5,280 shares of the company's stock in a transaction on Monday, March 24th. The shares were bought at an average price of GBX 96 ($1.28) per share, with a total value of £5,068.80 ($6,740.43). Corporate insiders own 4.26% of the company's stock.

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.