Staffline Group (LON:STAF) Stock Price Up 19.7% – Time to Buy?

Staffline Group plc (LON:STAF)’s share price traded up 19.7% on Tuesday . The company traded as high as GBX 25 ($0.31) and last traded at GBX 22.50 ($0.28). 1,163,207 shares changed hands during trading, an increase of 399% from the average session volume of 233,019 shares. The stock had previously closed at GBX 18.80 ($0.24).

Staffline Group Trading Up 3.5 %

The company has a market cap of £33.19 million, a P/E ratio of -189.48, a P/E/G ratio of 2.27 and a beta of 1.74. The stock’s 50-day moving average is GBX 23.39 and its two-hundred day moving average is GBX 29.24. The company has a debt-to-equity ratio of 47.04, a current ratio of 0.93 and a quick ratio of 0.94.

Insider Activity at Staffline Group

In other Staffline Group news, insider Thomas Spain sold 27,341 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of GBX 24 ($0.30), for a total transaction of £6,561.84 ($8,203.33). Insiders have sold a total of 642,545 shares of company stock worth $14,080,236 over the last quarter. Company 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.