Staffline Group (LON:STAF) Reaches New 52-Week Low After Insider Selling

Shares of Staffline Group plc (LON:STAF) reached a new 52-week low during mid-day trading on Monday following insider selling activity. The company traded as low as GBX 18 ($0.22) and last traded at GBX 18.80 ($0.23), with a volume of 425246 shares traded. The stock had previously closed at GBX 19.40 ($0.24).

Specifically, insider Thomas Spain sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of GBX 22 ($0.27), for a total transaction of £2,200 ($2,745.88). Also, insider Thomas Spain sold 119,824 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of GBX 22 ($0.27), for a total value of £26,361.28 ($32,902.25).

Staffline Group Trading Up 28.7 %

The stock has a market cap of £32.61 million, a price-to-earnings ratio of -186.15, a P/E/G ratio of 2.27 and a beta of 1.74. The business’s fifty day simple moving average is GBX 23.44 and its 200 day simple moving average is GBX 29.34. The company has a debt-to-equity ratio of 47.04, a current ratio of 0.93 and a quick ratio of 0.94.

Staffline Group Company Profile

Staffline Group plc, together with its subsidiaries, provides recruitment and outsourced human resource services, and skills and employment training and support services in the United Kingdom and the Republic of Ireland. It operates through three segments: Recruitment GB, Recruitment Ireland, and PeoplePlus.