Northamber (LON:NAR) Hits New 52-Week Low – Should You Sell?

Northamber plc (LON:NAR) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 23.60 and last traded at GBX 24, with a volume of 30249 shares trading hands. The stock had previously closed at GBX 24.64.

Northamber Stock Down 2.6%

The company has a market capitalization of £6.51 million, a P/E ratio of -1.73 and a beta of -0.10. The company has a 50-day moving average of GBX 26.90 and a two-hundred day moving average of GBX 29.51.

Northamber (LON:NAR) last released its quarterly earnings results on Friday, March 20th. The company reported GBX (1.38) earnings per share for the quarter. Northamber had a negative net margin of 5.40% and a negative return on equity of 21.33%.

Insider Buying and Selling at Northamber

In other news, insider Kris Grimwood purchased 14,573 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of GBX 15 per share, for a total transaction of £2,185.95. 78.28% of the stock is owned by corporate insiders.

About Northamber

Northamber plc, together with its subsidiaries, engages in the supply of computer hardware, computer printers and peripheral products, computer telephony products, and other electronic transmission equipment in the United Kingdom. The company offers audio visual products, such as collaboration and conferencing, connectivity and control, interactive displays, lighting, live solutions, professional audio and displays, projection, and security and thermal solutions; and computer accessories and components, dictation, disk and memory, laptop/desktop PCs, mice and keyboards, monitors, tablets and virtual desktop.