Northamber (LON:NAR) Reaches New 52-Week Low – Here’s What Happened

Shares of Northamber plc (LON:NAR) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 24 and last traded at GBX 24, with a volume of 1059 shares trading hands. The stock had previously closed at GBX 26.

Northamber Stock Performance

The company has a market capitalization of £6.78 million, a PE ratio of -1.80 and a beta of -0.10. The stock’s 50 day moving average is GBX 27.46 and its 200 day moving average is GBX 29.64.

Northamber (LON:NAR) last posted its earnings results on Friday, March 20th. The company reported GBX (1.38) earnings per share (EPS) for the quarter. Northamber had a negative return on equity of 21.33% and a negative net margin of 5.40%.

Insider Transactions at Northamber

In other news, insider Kris Grimwood bought 14,573 shares of the stock in a transaction on Friday, May 15th. The shares were acquired at an average cost of GBX 15 per share, for a total transaction of £2,185.95. 78.28% of the stock is owned by corporate insiders.

About Northamber

Northamber plc, together with its subsidiaries, engages in the supply of computer hardware, computer printers and peripheral products, computer telephony products, and other electronic transmission equipment in the United Kingdom. The company offers audio visual products, such as collaboration and conferencing, connectivity and control, interactive displays, lighting, live solutions, professional audio and displays, projection, and security and thermal solutions; and computer accessories and components, dictation, disk and memory, laptop/desktop PCs, mice and keyboards, monitors, tablets and virtual desktop.