Staffline Group (LON:STAF) Trading 11.1% Higher – Should You Buy?

Staffline Group plc (LON:STAF) shares traded up 11.1% during trading on Tuesday . The stock traded as high as GBX 24 ($0.30) and last traded at GBX 24 ($0.30). 546,663 shares changed hands during trading, an increase of 93% from the average session volume of 283,811 shares. The stock had previously closed at GBX 21.60 ($0.27).

Staffline Group Price Performance

The company’s fifty day moving average price is GBX 23 and its 200 day moving average price is GBX 28.17. The company has a market capitalization of £31.13 million, a P/E ratio of -1.65, a PEG ratio of 2.27 and a beta of 1.74. The company has a quick ratio of 0.94, a current ratio of 0.93 and a debt-to-equity ratio of 47.04.

Insider Transactions at Staffline Group

In related news, insider Thomas Spain sold 385,800 shares of Staffline Group stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of GBX 21 ($0.26), for a total value of £81,018 ($102,205.12). Over the last ninety days, insiders have sold 878,765 shares of company stock valued at $19,313,006. 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.