Staffline Group (LON:STAF) Reaches New 12-Month Low After Insider Selling

Staffline Group plc (LON:STAFGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday following insider selling activity. The company traded as low as GBX 25 ($0.30) and last traded at GBX 25 ($0.30), with a volume of 1246795 shares traded. The stock had previously closed at GBX 26 ($0.32).

Specifically, insider Thomas Spain sold 50,096 shares of Staffline Group stock in a transaction dated Monday, October 30th. The stock was sold at an average price of GBX 26 ($0.32), for a total value of £13,024.96 ($15,849.31). In the last quarter, insiders purchased 255,140 shares of company stock valued at $7,143,640 and sold 1,780,994 shares valued at $49,970,989. 40.19% of the stock is owned by insiders.

Staffline Group Stock Down 3.8 %

The company’s 50 day simple moving average is GBX 27.94 and its 200-day simple moving average is GBX 31.34. The firm has a market cap of £38.25 million, a P/E ratio of 2,500.00, a PEG ratio of 2.27 and a beta of 1.70. The company has a current ratio of 0.96, a quick ratio of 0.94 and a debt-to-equity ratio of 29.40.

Staffline Group Company Profile

(Get Free Report)

Staffline Group plc, together with its subsidiaries, provides recruitment and outsourced human resource services, and skills and employment training and support services. It operates through three segments: Recruitment GB, Recruitment Ireland, and PeoplePlus. The company provides solutions to the agriculture, supermarkets, drinks, food processing, manufacturing, e-retail, driving, and logistics sectors.

Recommended Stories

Receive News & Ratings for Staffline Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Staffline Group and related companies with's FREE daily email newsletter.