Staffline Group (LON:STAF) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of Staffline Group plc (LON:STAF) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 30.90 ($0.38) and traded as low as GBX 23.60 ($0.29). Staffline Group shares last traded at GBX 24.50 ($0.30), with a volume of 2,717 shares changing hands.

Staffline Group Stock Performance

The company has a current ratio of 0.93, a quick ratio of 0.94 and a debt-to-equity ratio of 47.04. The company has a market cap of £33.01 million, a P/E ratio of -188.46, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74. The company has a 50 day moving average price of GBX 24.90 and a 200-day moving average price of GBX 30.90.

Insider Buying and Selling at Staffline Group

In other news, insider Thomas Spain sold 15,314 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of GBX 26 ($0.32), for a total transaction of £3,981.64 ($4,860.99). Insiders have sold a total of 455,578 shares of company stock worth $9,861,346 over the last 90 days. 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.