Headlam Group (LON:HEAD) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Headlam Group plc (LON:HEADGet Free Report)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 123.28 ($1.63) and traded as low as GBX 82 ($1.09). Headlam Group shares last traded at GBX 82.80 ($1.10), with a volume of 51,797 shares trading hands.

Headlam Group Stock Performance

The company has a market capitalization of £65.95 million, a price-to-earnings ratio of -5.40 and a beta of 1.42. The stock has a 50-day moving average price of GBX 102.40 and a 200-day moving average price of GBX 123.28. The company has a debt-to-equity ratio of 46.58, a current ratio of 1.29 and a quick ratio of 0.72.

Headlam Group (LON:HEADGet Free Report) last issued its quarterly earnings data on Tuesday, March 11th. The company reported GBX (35) (($0.46)) earnings per share (EPS) for the quarter. Headlam Group had a negative return on equity of 5.80% and a negative net margin of 1.98%. As a group, analysts forecast that Headlam Group plc will post 7.3753605 earnings per share for the current year.

Insider Transactions at Headlam Group

In related news, insider Robin George Williams purchased 5,280 shares of Headlam Group stock in a transaction dated Monday, March 24th. The shares were bought at an average cost of GBX 96 ($1.27) per share, for a total transaction of £5,068.80 ($6,708.31). 4.26% of the stock is currently owned by insiders.

About Headlam Group

(Get Free Report)

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.

See Also

Receive News & Ratings for Headlam Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Headlam Group and related companies with MarketBeat.com's FREE daily email newsletter.