Staffline Group (LON:STAF) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Staffline Group plc (LON:STAF) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 changing hands.

Staffline Group Trading Down 1.2 %

The company has a debt-to-equity ratio of 47.04, a quick ratio of 0.94 and a current ratio of 0.93. The business has a fifty day moving average of GBX 25.66 and a 200-day moving average of GBX 32.15. The company has a market capitalization of £29.97 million, a P/E ratio of -171.08, a PEG ratio of 2.27 and a beta of 1.74.

Insider Activity

In related news, insider Thomas Spain sold 15,314 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of GBX 26 ($0.33), for a total transaction of £3,981.64 ($5,010.24). Insiders have sold 455,578 shares of company stock worth $9,861,346 over the last 90 days. 52.02% of the stock is currently owned by corporate 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.