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

Northamber plc (LON:NAR) hit a new 52-week low on Tuesday . The stock traded as low as GBX 23 and last traded at GBX 27, with a volume of 322 shares changing hands. The stock had previously closed at GBX 25.

Northamber Stock Performance

The company has a market capitalization of £6.59 million, a price-to-earnings ratio of -1.75 and a beta of -0.10. The firm has a fifty day moving average price of GBX 26.51 and a 200-day moving average price of GBX 29.36.

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

Insider Buying and Selling

In other news, insider Kris Grimwood bought 14,573 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of GBX 15 per share, for a total transaction of £2,185.95. 78.28% of the stock is currently owned by corporate insiders.

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.