Staffline Group (LON:STAF) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Staffline Group plc (LON:STAF) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 45.03 and traded as low as GBX 43.80. Staffline Group shares last traded at GBX 45.60, with a volume of 180,805 shares changing hands.

Staffline Group Price Performance

The firm has a market capitalization of £56.37 million, a PE ratio of 16.28, a P/E/G ratio of 2.27 and a beta of 1.74. 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 stock has a fifty day moving average price of GBX 45.37 and a 200-day moving average price of GBX 45.06.

Insider Transactions at Staffline Group

In other news, insider Thomas Spain bought 138,612 shares of Staffline Group stock in a transaction on Wednesday, December 10th. The stock was acquired at an average cost of GBX 46 per share, for a total transaction of £63,761.52. Insiders sold a total of 401,386 shares of company stock valued at $18,329,463 in the last 90 days. 33.50% of the stock is owned by insiders.

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.