Headlam Group plc (LON:HEAD) Insider Keith Edelman Buys 7,059 Shares

Headlam Group plc (LON:HEAD) insider Keith Edelman purchased 7,059 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was acquired at an average cost of GBX 282 ($3.47) per share, for a total transaction of £19,906.38 ($24,497.14).

LON HEAD traded up GBX 1 ($0.01) on Wednesday, reaching GBX 286 ($3.52). The company had a trading volume of 105,636 shares, compared to its average volume of 217,501. The stock has a market capitalization of $242.85 million and a PE ratio of 8.46. Headlam Group plc has a 12 month low of GBX 3 ($0.04) and a 12 month high of GBX 560 ($6.89). The company has a quick ratio of 0.75, a current ratio of 1.44 and a debt-to-equity ratio of 20.85. The firm’s 50 day moving average price is GBX 277.80 and its 200 day moving average price is GBX 370.53.

Separately, Peel Hunt upgraded shares of Headlam Group to a “buy” rating in a research report on Monday.

About Headlam Group

Headlam Group plc, through its subsidiaries, sells, markets, supplies, and distributes floorcovering and other ancillary products. The company's products include floorcovering products comprising carpet, residential vinyl, wood, laminate, luxury vinyl tile, rugs, and underlay and commercial flooring.

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