Staffline Group (LON:STAF) Stock Price Passes Above Two Hundred Day Moving Average - Time to Sell?

Staffline Group plc (LON:STAF - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 28.48 ($0.39) and traded as high as GBX 47.80 ($0.65). Staffline Group shares last traded at GBX 47 ($0.64), with a volume of 474,006 shares traded.

Staffline Group Trading Up 5.4%

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 has a 50 day simple moving average of GBX 32.81 and a 200-day simple moving average of GBX 28.48. The stock has a market capitalization of £60.97 million, a price-to-earnings ratio of -3.23, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74.

Staffline Group (LON:STAF - Get Free Report) last posted its earnings results on Tuesday, April 8th. The company reported GBX 3.10 ($0.04) earnings per share (EPS) for the quarter. Staffline Group had a negative net margin of 2.04% and a negative return on equity of 42.09%. On average, equities analysts predict that Staffline Group plc will post 4.3026706 earnings per share for the current year.

Insiders Place Their Bets

In other Staffline Group news, insider Thomas Spain sold 119,521 shares of the business's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of GBX 40 ($0.54), for a total transaction of £47,808.40 ($64,868.93). In the last three months, insiders have sold 363,396 shares of company stock worth $14,168,484. 52.02% of the stock is owned by corporate 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.

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