Staffline Group (LON:STAF) Stock Price Up 2.1% – Should You Buy?

Staffline Group plc (LON:STAF)’s share price rose 2.1% during mid-day trading on Tuesday . The stock traded as high as GBX 24 ($0.30) and last traded at GBX 24 ($0.30). Approximately 27,679 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 257,385 shares. The stock had previously closed at GBX 23.50 ($0.30).

Staffline Group Price Performance

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 capitalization of £35.41 million, a PE ratio of -1.87, a PEG ratio of 2.27 and a beta of 1.74. The firm’s fifty day simple moving average is GBX 22.94 and its 200-day simple moving average is GBX 27.76.

Insider Transactions at Staffline Group

In other news, insider Thomas Spain sold 385,800 shares of Staffline Group stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of GBX 21 ($0.27), for a total value of £81,018 ($102,243.82). Insiders sold 1,093,359 shares of company stock worth $24,432,634 over the last three months. 52.02% of the stock is currently owned by company insiders.

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.