Headlam Group (LON:HEAD) Stock Price Passes Below 200-Day Moving Average - Should You Sell?

Key Points

• Headlam Group's stock price has fallen below its 200-day moving average, trading at GBX 82.40 ($1.10) as of the latest trading session.
• The company has a market cap of £64.20 million and a negative P/E ratio of -5.26, indicating potential financial concerns.
• Insider Karen Hubbard recently bought 8,300 shares at an average price of GBX 88 ($1.17), demonstrating continued confidence among company insiders.

Shares of Headlam Group plc (LON:HEAD - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 98.60 ($1.33) and traded as low as GBX 80 ($1.08). Headlam Group shares last traded at GBX 82.40 ($1.11), with a volume of 90,227 shares.

Headlam Group Trading Up 0.5%

The firm has a market capitalization of £63.41 million, a price-to-earnings ratio of -5.19 and a beta of 1.42. The company has a debt-to-equity ratio of 46.58, a quick ratio of 0.72 and a current ratio of 1.29. The business has a fifty day moving average price of GBX 89.06 and a 200 day moving average price of GBX 97.10.

Insider Activity at Headlam Group

In other news, insider Karen Hubbard acquired 8,300 shares of the company's stock in a transaction dated Thursday, May 22nd. The stock was acquired at an average cost of GBX 88 ($1.18) per share, for a total transaction of £7,304 ($9,823.81). 4.26% of the stock is currently owned by insiders.

About Headlam Group

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.