Headlam Group (LON:HEAD) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Headlam Group plc (LON:HEAD) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 147.29 ($1.86) and traded as low as GBX 133.58 ($1.68). Headlam Group shares last traded at GBX 134 ($1.69), with a volume of 64,888 shares.

Headlam Group Price Performance

The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 46.58. The firm has a market capitalization of £109.07 million, a PE ratio of -900.00 and a beta of 1.42. The firm has a 50-day moving average of GBX 136.46 and a two-hundred day moving average of GBX 146.91.

Insider Buying and Selling at Headlam Group

In other Headlam Group news, insider Robin George Williams bought 4,250 shares of the stock in a transaction dated Tuesday, October 1st. The stock was bought at an average cost of GBX 138 ($1.74) per share, for a total transaction of £5,865 ($7,391.30). 4.26% of the stock is currently owned by corporate 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.