Headlam Group plc (LON:HEAD - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 115.04 ($1.56) and traded as low as GBX 92.93 ($1.26). Headlam Group shares last traded at GBX 93.80 ($1.27), with a volume of 49,283 shares changing hands.
Headlam Group Stock Down 2.9%
The firm has a market cap of £74.07 million, a P/E ratio of -6.07 and a beta of 1.42. The company has a quick ratio of 0.72, a current ratio of 1.29 and a debt-to-equity ratio of 46.58. The firm has a fifty day moving average of GBX 88.07 and a 200-day moving average of GBX 114.18.
Headlam Group (LON:HEAD - Get Free Report) last announced its quarterly 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, equities research analysts anticipate that Headlam Group plc will post 7.3753605 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Jemima Bird acquired 12,117 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The stock was acquired at an average price of GBX 82 ($1.11) per share, with a total value of £9,935.94 ($13,445.12). Also, insider Robin George Williams acquired 5,280 shares of the stock in a transaction on Monday, March 24th. The shares were purchased at an average price of GBX 96 ($1.30) per share, with a total value of £5,068.80 ($6,859.00). Insiders purchased a total of 25,697 shares of company stock valued at $2,230,874 over the last ninety days. 4.26% of the stock is currently owned by company insiders.
About Headlam Group
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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.
Further Reading
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