Staffline Group (LON:STAF) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Staffline Group plc (LON:STAF) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 32.15 ($0.40) and traded as low as GBX 22 ($0.28). Staffline Group shares last traded at GBX 22.24 ($0.28), with a volume of 341,079 shares traded.

Staffline Group Stock Performance

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 stock’s 50-day moving average price is GBX 25.66 and its 200-day moving average price is GBX 32.15. The company has a market cap of £29.97 million, a P/E ratio of -171.08, a PEG ratio of 2.27 and a beta of 1.74.

Insiders Place Their Bets

In related news, insider Thomas Spain sold 15,314 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of GBX 26 ($0.33), for a total value of £3,981.64 ($5,010.24). Insiders have sold a total of 455,578 shares of company stock worth $9,861,346 in the last 90 days. Company insiders own 52.02% of the company’s stock.

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.