Staffline Group (LON:STAF) Shares Pass Below 200 Day Moving Average – Should You Sell?

Staffline Group plc (LON:STAF) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 32.15 ($0.40) and traded as low as GBX 22 ($0.28). Staffline Group shares last traded at GBX 22.24 ($0.28), with a volume of 341,079 shares.

Staffline Group Stock Down 1.2 %

The stock has a market cap of £29.97 million, a price-to-earnings ratio of -171.08, a PEG ratio of 2.27 and a beta of 1.74. The stock has a 50 day simple moving average of GBX 25.66 and a 200 day simple moving average of GBX 32.15. The company has a quick ratio of 0.94, a current ratio of 0.93 and a debt-to-equity ratio of 47.04.

Insiders Place Their Bets

In other Staffline Group news, insider Thomas Spain sold 15,314 shares of Staffline Group stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of GBX 26 ($0.33), for a total value of £3,981.64 ($5,010.24). Insiders have sold 455,578 shares of company stock valued at $9,861,346 in the last three months. 52.02% of the stock is currently owned by insiders.

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.