Staffline Group (LON:STAF) Shares Pass Above 200-Day Moving Average – Here’s Why

Shares of Staffline Group plc (LON:STAF) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 27.20 ($0.35) and traded as high as GBX 32.10 ($0.41). Staffline Group shares last traded at GBX 31.60 ($0.41), with a volume of 183,111 shares traded.

Staffline Group Trading Down 4.1 %

The stock has a 50-day moving average price of GBX 26.46 and a two-hundred day moving average price of GBX 27.20. The company has a debt-to-equity ratio of 47.04, a quick ratio of 0.94 and a current ratio of 0.93. The stock has a market capitalization of £40.99 million, a P/E ratio of -2.17, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74.

Insider Transactions at Staffline Group

In other news, insider Thomas Spain sold 119,824 shares of the company’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of GBX 22 ($0.28), for a total value of £26,361.28 ($34,036.51). Insiders sold a total of 856,454 shares of company stock valued at $21,314,202 over the last 90 days. Company insiders own 52.02% 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.