Headlam Group (LON:HEAD) Stock Price Down 9.9% – Should You Sell?

Headlam Group plc (LON:HEAD)’s share price traded down 9.9% on Tuesday . The company traded as low as GBX 20.80 and last traded at GBX 20.90. 1,521,568 shares changed hands during trading, an increase of 249% from the average session volume of 435,645 shares. The stock had previously closed at GBX 23.20.

Headlam Group Trading Down 9.9%

The company has a market capitalization of £16.78 million, a price-to-earnings ratio of -0.20 and a beta of 0.82. The company has a 50-day moving average price of GBX 35.35 and a 200-day moving average price of GBX 41.79. The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 114.27.

Headlam Group (LON:HEAD) last posted its quarterly earnings data on Wednesday, March 25th. The company reported GBX (44.10) earnings per share for the quarter. Headlam Group had a negative return on equity of 61.90% and a negative net margin of 16.42%. Research analysts predict that Headlam Group plc will post 7.3753605 EPS for the current fiscal year.

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.