Staffline Group (LON:STAF) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Staffline Group plc (LON:STAFGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 43.32 and traded as high as GBX 46. Staffline Group shares last traded at GBX 45.20, with a volume of 83,830 shares.

Staffline Group Stock Performance

The stock has a market capitalization of £52.04 million, a PE ratio of 14.85, a PEG ratio of 2.27 and a beta of 1.74. The business’s 50 day moving average is GBX 44.29 and its 200 day moving average is GBX 43.32. The company has a current ratio of 0.93, a quick ratio of 0.94 and a debt-to-equity ratio of 47.04.

Insider Activity

In other news, insider Thomas Spain sold 134,293 shares of the stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of GBX 45, for a total value of £60,431.85. Insiders sold a total of 532,896 shares of company stock worth $23,244,642 in the last ninety days. 33.30% of the stock is owned by insiders.

Staffline Group Company Profile

(Get Free Report)

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.

Further Reading

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