Staffline Group (LON:STAF) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Staffline Group plc (LON:STAF) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 44.92 and traded as low as GBX 40.54. Staffline Group shares last traded at GBX 41.60, with a volume of 30,018 shares changing hands.

Staffline Group Price Performance

The company has a quick ratio of 0.94, a current ratio of 0.99 and a debt-to-equity ratio of 28.24. The company has a market capitalization of £45.52 million, a P/E ratio of 10.95, a PEG ratio of 2.27 and a beta of 0.45. The company’s fifty day moving average price is GBX 41.84 and its 200 day moving average price is GBX 44.92.

Staffline Group (LON:STAF) last posted its quarterly earnings data on Tuesday, March 24th. The company reported GBX 4.50 EPS for the quarter. Staffline Group had a return on equity of 13.11% and a net margin of 0.43%. As a group, sell-side analysts forecast that Staffline Group plc will post 4.3026706 EPS for the current year.

Insider Transactions at Staffline Group

In other news, insider Catherine Lynch purchased 23,750 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was bought at an average price of GBX 41 per share, with a total value of £9,737.50. Also, insider Thomas Spain sold 243,794 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of GBX 38, for a total transaction of £92,641.72. In the last ninety days, insiders sold 970,434 shares of company stock valued at $39,230,744. 36.40% of the stock is owned by insiders.

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.