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

Staffline Group plc (LON:STAF)’s stock price reached a new 52-week high on Monday . The company traded as high as GBX 52.50 and last traded at GBX 52, with a volume of 105366 shares traded. The stock had previously closed at GBX 51.

Staffline Group Trading Up 2.0%

The company has a debt-to-equity ratio of 47.04, a quick ratio of 0.94 and a current ratio of 0.93. The firm has a market cap of £60.00 million, a price-to-earnings ratio of 17.33, a PEG ratio of 2.27 and a beta of 1.74. The business has a fifty day moving average of GBX 46.11 and a two-hundred day moving average of GBX 45.20.

Insiders Place Their Bets

In other Staffline Group news, insider Thomas Spain bought 138,612 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was bought at an average price of GBX 46 per share, for a total transaction of £63,761.52. In the last ninety days, insiders have sold 405,703 shares of company stock worth $19,355,388. Company insiders own 33.50% of the company’s stock.

About Staffline Group

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.