Staffline Group (LON:STAF) Sets New 1-Year Low Following Insider Selling

Staffline Group plc (LON:STAF)’s share price reached a new 52-week low on Monday following insider selling activity. The stock traded as low as GBX 18 ($0.22) and last traded at GBX 18.80 ($0.23), with a volume of 425246 shares. The stock had previously closed at GBX 19.40 ($0.24).

Specifically, insider Thomas Spain sold 10,000 shares of Staffline Group stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of GBX 22 ($0.27), for a total transaction of £2,200 ($2,703.03). Also, insider Thomas Spain sold 119,824 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of GBX 22 ($0.27), for a total value of £26,361.28 ($32,388.84).

Staffline Group Stock Performance

The company has a debt-to-equity ratio of 47.04, a current ratio of 0.93 and a quick ratio of 0.94. The company has a 50 day simple moving average of GBX 23.60 and a 200-day simple moving average of GBX 29.48. The firm has a market cap of £25.33 million, a PE ratio of -144.62, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74.

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.