Staffline Group (LON:STAF) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Staffline Group plc (LON:STAF) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 33.82 ($0.43) and traded as low as GBX 26.80 ($0.34). Staffline Group shares last traded at GBX 27.35 ($0.35), with a volume of 2,091 shares traded.

Staffline Group Stock Performance

The company has a quick ratio of 0.94, a current ratio of 0.93 and a debt-to-equity ratio of 47.04. The firm has a 50 day moving average price of GBX 29.46 and a 200 day moving average price of GBX 33.82. The stock has a market cap of £36.11 million, a PE ratio of -210.38, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74.

Insider Buying and Selling at Staffline Group

In related news, insider Thomas Spain bought 101,266 shares of the stock in a transaction on Wednesday, August 28th. The stock was bought at an average price of GBX 36 ($0.46) per share, for a total transaction of £36,455.76 ($46,210.88). In the last quarter, insiders have sold 138,472 shares of company stock valued at $4,443,037. 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.