Staffline Group (LON:STAF) Sets New 1-Year Low – Should You Sell?

Staffline Group plc (LON:STAF)’s share price hit a new 52-week low on Monday . The stock traded as low as GBX 21.50 ($0.27) and last traded at GBX 22 ($0.27), with a volume of 384191 shares changing hands. The stock had previously closed at GBX 23.70 ($0.30).

Staffline Group Trading Down 7.2 %

The business has a 50 day simple moving average of GBX 24.27 and a two-hundred day simple moving average of GBX 30.10. The stock has a market cap of £29.65 million, a price-to-earnings ratio of -169.23, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74. The company has a current ratio of 0.93, a quick ratio of 0.94 and a debt-to-equity ratio of 47.04.

Insider Buying and Selling

In other news, insider Thomas Spain sold 38,690 shares of the business’s stock in a transaction on Monday, January 20th. The shares were sold at an average price of GBX 24 ($0.30), for a total transaction of £9,285.60 ($11,572.28). Over the last three months, insiders sold 467,145 shares of company stock worth $10,084,708. Corporate insiders own 52.02% of the company’s stock.

About Staffline Group

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.