Staffline Group (LON:STAF) Shares Pass Above 50-Day Moving Average – Should You Sell?

Staffline Group plc (LON:STAF)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 45.33 and traded as high as GBX 47. Staffline Group shares last traded at GBX 47, with a volume of 47,010 shares changing hands.

Staffline Group Stock Performance

The firm has a market capitalization of £53.43 million, a P/E ratio of 15.33, a P/E/G ratio of 2.27 and a beta of 1.74. 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 firm has a 50-day moving average price of GBX 45.33 and a two-hundred day moving average price of GBX 45.07.

Insider Transactions at Staffline Group

In other Staffline Group news, insider Thomas Spain sold 34,720 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of GBX 46, for a total value of £15,971.20. Over the last three months, insiders have sold 488,726 shares of company stock valued at $22,347,103. 33.50% of the stock is owned by 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. The company provides solutions to the agriculture, supermarkets and retail, drinks, driving, food processing, manufacturing, and logistics sectors. It also offers adult and prison education, skills-based employability programmes and support, recruitment process outsourcing, and managed service provider solutions; branches, permanent, and contract recruitment solutions; generalist recruitment services; workforce recruitment and management to industry customers; and technical and engineering recruitment services.