Headlam Group (LON:HEAD) Releases Quarterly Earnings Results

Headlam Group (LON:HEAD) released its quarterly earnings results on Tuesday. The company reported GBX (35) (($0.45)) earnings per share for the quarter, Digital Look Earnings reports. Headlam Group had a negative return on equity of 5.80% and a negative net margin of 1.98%.

Headlam Group Trading Down 5.5 %

Shares of LON:HEAD opened at GBX 104 ($1.34) on Tuesday. The firm has a market capitalization of £82.83 million, a price-to-earnings ratio of -6.78 and a beta of 1.42. The business’s 50 day moving average price is GBX 127.89 and its 200-day moving average price is GBX 133.93. 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 has a 1 year low of GBX 103.93 ($1.34) and a 1 year high of GBX 188.60 ($2.43).

Insiders Place Their Bets

In other news, insider Jemima Bird acquired 7,677 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average cost of GBX 147 ($1.89) per share, for a total transaction of £11,285.19 ($14,529.66). 4.26% of the stock is currently owned by company insiders.

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.