Staffline Group (LON:STAF) Shares Pass Below 200 Day Moving Average – Should You Sell?

Shares of Staffline Group plc (LON:STAF) passed 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 traded.

Staffline Group Trading Up 0.4 %

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 market cap of £37.60 million, a P/E ratio of -214.62, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74. The firm’s 50-day simple moving average is GBX 31.22 and its 200 day simple moving average is GBX 34.

Insider Buying and Selling

In other news, insider Thomas Spain sold 363,892 shares of the company’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of GBX 37 ($0.48), for a total transaction of £134,640.04 ($174,607.76). In the last quarter, insiders have sold 773,252 shares of company stock valued at $27,951,135. 52.02% of the stock is 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.