Staffline Group (LON:STAF) Shares Up 2.5% – Here’s What Happened

Staffline Group plc (LON:STAF)’s stock price rose 2.5% on Friday . The stock traded as high as GBX 25 ($0.32) and last traded at GBX 25 ($0.32). Approximately 83,796 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 336,403 shares. The stock had previously closed at GBX 24.40 ($0.31).

Staffline Group Price Performance

The company has a current ratio of 0.93, a quick ratio of 0.94 and a debt-to-equity ratio of 47.04. The business’s 50 day moving average price is GBX 26.92 and its two-hundred day moving average price is GBX 33.02. The stock has a market cap of £33.69 million, a P/E ratio of -192.31, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74.

Insider Buying and Selling

In other Staffline Group news, insider Thomas Spain sold 27,123 shares of the stock in a transaction on Friday, October 18th. The stock was sold at an average price of GBX 26 ($0.33), for a total transaction of £7,051.98 ($8,900.64). Insiders have sold 90,464 shares of company stock worth $2,688,253 in the last 90 days. Insiders own 52.02% 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.