Northamber (LON:NAR) Shares Down 2.9% – Should You Sell?

Northamber plc (LON:NAR) shares dropped 2.9% on Thursday . The company traded as low as GBX 23.78 and last traded at GBX 23.78. Approximately 3,688 shares traded hands during trading, a decline of 75% from the average daily volume of 14,881 shares. The stock had previously closed at GBX 24.50.

Northamber Trading Up 6.1%

The company has a market capitalization of £7.05 million, a PE ratio of -1.87 and a beta of -0.10. The firm’s 50-day simple moving average is GBX 24.60 and its 200-day simple moving average is GBX 27.15.

Insider Buying and Selling at Northamber

In related news, insider Kris Grimwood purchased 14,573 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average price of GBX 15 per share, with a total value of £2,185.95. Corporate 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.