Staffline Group (LON:STAF) Sets New 12-Month High – Should You Buy?

Staffline Group plc (LON:STAF)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 52.50 and last traded at GBX 51, with a volume of 48987 shares trading hands. The stock had previously closed at GBX 51.

Staffline Group Price Performance

The firm has a 50 day moving average of GBX 47.30 and a 200 day moving average of GBX 45.47. The firm has a market cap of £57.93 million, a price-to-earnings ratio of 16.83, a PEG ratio of 2.27 and a beta of 1.74. The company has a quick ratio of 0.94, a current ratio of 0.93 and a debt-to-equity ratio of 47.04.

Insider Activity at Staffline Group

In other news, insider Thomas Spain sold 86,599 shares of Staffline Group stock in a transaction on Friday, February 6th. The shares were sold at an average price of GBX 51, for a total value of £44,165.49. Over the last three months, insiders have sold 449,266 shares of company stock worth $21,792,281. Company insiders own 34.00% of the company’s stock.

Staffline Group Company Profile

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.