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

Headlam Group plc (LON:HEAD)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 129 ($1.69) and last traded at GBX 131 ($1.71), with a volume of 54208 shares. The stock had previously closed at GBX 131.50 ($1.72).

Headlam Group Stock Performance

The company has a market cap of £105.83 million, a P/E ratio of -873.33 and a beta of 1.42. The business’s 50 day simple moving average is GBX 145.17 and its 200 day simple moving average is GBX 154.34. The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 46.58.

Insiders Place Their Bets

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

About Headlam Group

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.