Headlam Group plc (LON:HEAD – Get Rating) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 307.06 ($3.82) and traded as low as GBX 232 ($2.89). Headlam Group shares last traded at GBX 237 ($2.95), with a volume of 1,009,612 shares.
Analysts Set New Price Targets
Separately, Peel Hunt restated a “buy” rating and set a GBX 400 ($4.98) price objective on shares of Headlam Group in a research report on Wednesday, March 8th.
Headlam Group Stock Up 2.1 %
The company has a quick ratio of 0.72, a current ratio of 1.55 and a debt-to-equity ratio of 16.90. The stock has a 50 day simple moving average of GBX 292.63 and a 200 day simple moving average of GBX 307.06. The stock has a market cap of £195.44 million, a price-to-earnings ratio of 607.69 and a beta of 1.26.
Headlam Group Increases Dividend
Insider Buying and Selling at Headlam Group
In other news, insider Keith Edelman purchased 9,788 shares of the company’s stock in a transaction dated Tuesday, March 28th. The shares were purchased at an average price of GBX 305 ($3.79) per share, with a total value of £29,853.40 ($37,131.09). In related news, insider Keith Edelman acquired 9,788 shares of the company’s stock in a transaction that occurred on Tuesday, March 28th. The shares were acquired at an average price of GBX 305 ($3.79) per share, with a total value of £29,853.40 ($37,131.09). Also, insider Robin George Williams bought 5,000 shares of the firm’s stock in a transaction on Wednesday, March 8th. The stock was acquired at an average price of GBX 319 ($3.97) per share, for a total transaction of £15,950 ($19,838.31). Corporate insiders own 6.99% of the company’s stock.
Headlam Group Company Profile
Headlam Group plc, together with its subsidiaries, sells, markets, supplies, and distributes floorcovering and other ancillary products in the United Kingdom and Continental Europe. The company offers its products to residential and commercial sector, such as independent retailers and flooring contractors, as well as other groups, including larger retailers, housebuilders, specifiers, and local contractors.
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