Headlam Group (HEAD) Hits New 52-Week Low at $408.50

Headlam Group plc (LON:HEAD) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 408.50 ($5.64) and last traded at GBX 410 ($5.66), with a volume of 475816 shares changing hands. The stock had previously closed at GBX 429 ($5.93).

Separately, Peel Hunt reissued a “buy” rating and issued a GBX 650 ($8.98) target price on shares of Headlam Group in a research note on Wednesday, January 31st.

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The company has a market capitalization of $364.86 and a P/E ratio of 1,051.28.

The firm also recently announced a dividend, which will be paid on Friday, July 6th. Shareholders of record on Thursday, May 31st will be paid a GBX 17.25 ($0.24) dividend. This represents a yield of 4.01%. This is a boost from Headlam Group’s previous dividend of $7.55. The ex-dividend date of this dividend is Thursday, May 31st.

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Headlam Group Company Profile

Headlam Group Plc is a United Kingdom-based company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The Company’s operations are focused on providing customers, principally independent floorcovering retailers and contractors, with a range of floorcovering products supported by a next day delivery service.

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