Staffline Group (LON:STAF) Sets New 52-Week High – Still a Buy?

Staffline Group plc (LON:STAF)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 52.50 and last traded at GBX 51, with a volume of 48987 shares traded. The stock had previously closed at GBX 51.

Staffline Group Stock Performance

The company has a current ratio of 0.93, a quick ratio of 0.94 and a debt-to-equity ratio of 47.04. The business has a 50 day simple moving average of GBX 46.98 and a two-hundred day simple moving average of GBX 45.38. The stock has a market cap of £58.50 million, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74.

Insider Transactions at Staffline Group

In other Staffline Group news, insider Thomas Spain sold 86,599 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of GBX 51, for a total transaction of £44,165.49. Insiders have sold 449,266 shares of company stock valued at $21,792,281 over the last 90 days. Corporate insiders own 34.00% of the company’s stock.

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. The company provides solutions to the agriculture, supermarkets and retail, drinks, driving, food processing, manufacturing, and logistics sectors. It also offers adult and prison education, skills-based employability programmes and support, recruitment process outsourcing, and managed service provider solutions; branches, permanent, and contract recruitment solutions; generalist recruitment services; workforce recruitment and management to industry customers; and technical and engineering recruitment services.