Staffline Group (LON:STAF) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of Staffline Group plc (LON:STAF) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 27.20 ($0.35) and traded as high as GBX 32.10 ($0.41). Staffline Group shares last traded at GBX 31.60 ($0.41), with a volume of 183,111 shares.

Staffline Group Trading Down 4.1 %

The business has a 50 day moving average of GBX 26.46 and a two-hundred day moving average of GBX 27.20. The firm has a market cap of £40.99 million, a P/E ratio of -2.17, a PEG 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 Activity

In other news, insider Thomas Spain sold 119,824 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of GBX 22 ($0.28), for a total transaction of £26,361.28 ($34,036.51). Insiders have sold 856,454 shares of company stock valued at $21,314,202 over the last ninety days. 52.02% of the stock is currently owned by company 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.