Staffline Group (LON:STAF) Stock Crosses Above 200 Day Moving Average – Here’s Why

Staffline Group plc (LON:STAFGet Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 44.62 and traded as high as GBX 45.14. Staffline Group shares last traded at GBX 45.14, with a volume of 274,171 shares traded.

Staffline Group Trading Down 1.2%

The company’s fifty day moving average is GBX 45.39 and its 200-day moving average is GBX 44.62. The firm has a market capitalization of £52.43 million, a P/E ratio of 15.05, a P/E/G ratio of 2.27 and a beta of 1.74. The company has a current ratio of 0.93, a quick ratio of 0.94 and a debt-to-equity ratio of 47.04.

Insiders Place Their Bets

In related news, insider Thomas Spain sold 91,560 shares of the company’s stock in a transaction on Thursday, November 27th. The shares were sold at an average price of GBX 46, for a total transaction of £42,117.60. Insiders have sold a total of 598,606 shares of company stock valued at $26,544,340 in the last quarter. Insiders own 33.50% of the company’s stock.

About Staffline Group

(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 in the United Kingdom and the Republic of Ireland. It operates through three segments: Recruitment GB, Recruitment Ireland, and PeoplePlus.

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