Headlam Group (LON:HEAD) Posts Quarterly Earnings Results

Headlam Group (LON:HEAD) announced its 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 net margin of 1.98% and a negative return on equity of 5.80%.

Headlam Group Stock Up 1.5 %

HEAD opened at GBX 104.50 ($1.36) on Thursday. The business has a 50 day moving average of GBX 126.36 and a 200-day moving average of GBX 133.44. The stock has a market capitalization of £83.23 million, a price-to-earnings ratio of -6.82 and a beta of 1.42. The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 46.58. Headlam Group has a 1-year low of GBX 103 ($1.34) and a 1-year high of GBX 188.60 ($2.45).

Insider Buying and Selling

In other news, insider Jemima Bird acquired 7,677 shares of Headlam Group stock in a transaction on Friday, December 20th. The stock was bought at an average price of GBX 147 ($1.91) per share, for a total transaction of £11,285.19 ($14,635.18). 4.26% of the stock is currently owned by 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.