Northamber (LON:NAR) Sets New 52-Week Low – Time to Sell?

Northamber plc (LON:NAR)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 24.40 and last traded at GBX 24.64, with a volume of 5949 shares trading hands. The stock had previously closed at GBX 27.

Northamber Stock Performance

The company has a market capitalization of £6.51 million, a P/E ratio of -1.73 and a beta of -0.10. The stock has a 50 day moving average price of GBX 27.87 and a 200 day moving average price of GBX 29.75.

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

Insiders Place Their Bets

In other news, insider Kris Grimwood acquired 14,573 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average price of GBX 15 per share, with a total value of £2,185.95. Company insiders own 78.28% of the company’s stock.

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.