Staffline Group (LON:STAF) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Staffline Group plc (LON:STAF)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 43.70 and traded as high as GBX 45.90. Staffline Group shares last traded at GBX 43.70, with a volume of 40,446 shares traded.

Staffline Group Stock Performance

The company has a debt-to-equity ratio of 56.76, a current ratio of 0.99 and a quick ratio of 0.94. The company has a 50 day simple moving average of GBX 40.92 and a 200-day simple moving average of GBX 43.70. The stock has a market capitalization of £47.81 million, a P/E ratio of 8.09, a price-to-earnings-growth ratio of 2.27 and a beta of 0.52.

Staffline Group (LON:STAF) last posted its quarterly earnings results on Tuesday, July 28th. The company reported GBX 1.90 earnings per share for the quarter. Staffline Group had a return on equity of 17.30% and a net margin of 0.56%. On average, equities analysts forecast that Staffline Group plc will post 4.3026706 EPS for the current year.

Insider Activity

In other Staffline Group news, insider Catherine Lynch purchased 23,750 shares of the stock in a transaction dated Friday, June 5th. The shares were bought at an average price of GBX 41 per share, with a total value of £9,737.50. Also, insider Thomas Spain sold 67,340 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of GBX 44, for a total transaction of £29,629.60. Over the last ninety days, insiders have sold 967,529 shares of company stock worth $38,466,402. Insiders own 36.42% of the company’s stock.

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.