Staffline Group (LON:STAF) Trading Up 2.1% – Here’s Why

Staffline Group plc (LON:STAF)’s stock price was up 2.1% during mid-day trading on Tuesday . The stock traded as high as GBX 24 ($0.30) and last traded at GBX 24 ($0.30). Approximately 27,679 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 257,385 shares. The stock had previously closed at GBX 23.50 ($0.30).

Staffline Group Stock Performance

The company has a market cap of £41.51 million, a P/E ratio of -2.20, a PEG ratio of 2.27 and a beta of 1.74. The company has a 50 day moving average price of GBX 23.25 and a 200-day moving average price of GBX 27.59. The company has a quick ratio of 0.94, a current ratio of 0.93 and a debt-to-equity ratio of 47.04.

Insider Activity at Staffline Group

In related news, insider Thomas Spain sold 385,800 shares of the firm’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of GBX 21 ($0.26), for a total transaction of £81,018 ($102,114.95). Insiders sold 1,093,359 shares of company stock valued at $24,432,634 over the last 90 days. 52.02% of the stock is currently owned by corporate insiders.

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.