Headlam Group (LON:HEAD) Hits New 52-Week Low – Here’s What Happened

Headlam Group plc (LON:HEAD)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 120.50 ($1.51) and last traded at GBX 128 ($1.60), with a volume of 96809 shares traded. The stock had previously closed at GBX 130 ($1.63).

Headlam Group Stock Down 0.2 %

The firm has a market cap of £104.22 million, a price-to-earnings ratio of -860.00 and a beta of 1.42. 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 50 day moving average price of GBX 135.08 and a 200-day moving average price of GBX 138.50.

Insider Buying and Selling at Headlam Group

In other news, insider Jemima Bird purchased 7,677 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average cost of GBX 147 ($1.84) per share, with a total value of £11,285.19 ($14,108.25). 4.26% of the stock is owned by company 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.