Staffline Group (LON:STAF) Trading Up 11.2% – Should You Buy?

Staffline Group plc (LON:STAF)’s stock price traded up 11.2% during mid-day trading on Thursday . The company traded as high as GBX 41.80 and last traded at GBX 41.80. 1,089,519 shares were traded during trading, an increase of 424% from the average session volume of 207,891 shares. The stock had previously closed at GBX 37.60.

Staffline Group Stock Up 11.2%

The stock has a market cap of £45.74 million, a price-to-earnings ratio of 11.00, a PEG ratio of 2.27 and a beta of 0.52. The business’s 50 day moving average is GBX 39.83 and its 200-day moving average is GBX 43.76. The company has a debt-to-equity ratio of 28.24, a quick ratio of 0.94 and a current ratio of 0.99.

Insider Activity

In other news, insider Thomas Spain sold 54,049 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of GBX 39, for a total transaction of £21,079.11. Also, insider Catherine Lynch purchased 23,750 shares of Staffline Group stock in a transaction that occurred on Friday, June 5th. The shares were bought at an average price of GBX 41 per share, with a total value of £9,737.50. In the last quarter, insiders sold 927,633 shares of company stock worth $36,738,422. Company insiders own 36.42% 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.