Staffline Group (LON:STAF) Sets New 52-Week Low Following Insider Selling

Staffline Group plc (LON:STAF) shares hit a new 52-week low during mid-day trading on Monday after an insider sold shares in the company. The stock traded as low as GBX 18 ($0.22) and last traded at GBX 18.80 ($0.23), with a volume of 425246 shares changing hands. The stock had previously closed at GBX 19.40 ($0.24).

Specifically, insider Thomas Spain sold 10,000 shares of Staffline Group stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of GBX 22 ($0.27), for a total transaction of £2,200 ($2,703.03). Also, insider Thomas Spain sold 119,824 shares of Staffline Group stock in a transaction on Monday, January 27th. The stock was sold at an average price of GBX 22 ($0.27), for a total value of £26,361.28 ($32,388.84).

Staffline Group Trading Down 3.1 %

The company has a quick ratio of 0.94, a current ratio of 0.93 and a debt-to-equity ratio of 47.04. The firm has a 50 day moving average of GBX 23.60 and a 200 day moving average of GBX 29.48. The firm has a market cap of £25.33 million, a PE ratio of -144.62, a P/E/G ratio of 2.27 and a beta of 1.74.

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.