Staffline Group (LON:STAF) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Staffline Group plc (LON:STAF) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 34.08 ($0.44) and traded as low as GBX 28.10 ($0.36). Staffline Group shares last traded at GBX 28.10 ($0.36), with a volume of 111,667 shares trading hands.

Staffline Group Trading Up 1.1 %

The stock has a market cap of £37.86 million, a price-to-earnings ratio of -216.15, 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. The business has a 50-day moving average of GBX 31.76 and a 200-day moving average of GBX 34.08.

Insider Activity at Staffline Group

In other Staffline Group news, insider Thomas Spain sold 363,892 shares of the business’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of GBX 37 ($0.48), for a total value of £134,640.04 ($174,607.76). Over the last 90 days, insiders sold 773,252 shares of company stock valued at $27,951,135. Insiders own 52.02% of the company’s stock.

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.