Headlam Group (LON:HEAD) Sets New 52-Week Low – Time to Sell?

Shares of Headlam Group plc (LON:HEADGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as GBX 129 ($1.69) and last traded at GBX 131 ($1.71), with a volume of 54208 shares changing hands. The stock had previously closed at GBX 131.50 ($1.72).

Headlam Group Stock Performance

The business’s fifty day moving average is GBX 145.17 and its two-hundred day moving average is GBX 154.34. 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 stock has a market capitalization of £105.83 million, a PE ratio of -873.33 and a beta of 1.42.

Insiders Place Their Bets

In other news, insider Robin George Williams acquired 4,250 shares of the company’s stock in a transaction on Tuesday, October 1st. The stock was bought at an average cost of GBX 138 ($1.81) per share, with a total value of £5,865 ($7,675.70). 4.23% of the stock is owned by insiders.

About Headlam Group

(Get Free Report)

Headlam Group plc, together with its subsidiaries, engages in sale, marketing, supply, and distribution of floorcovering and other ancillary products in the United Kingdom and Continental Europe. The company offers its products to independent and multiple retailers, small and large contractors, and housebuilders.

Further Reading

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