Staffline Group (LON:STAF) Hits New 12-Month High – Here’s Why

Staffline Group plc (LON:STAF) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 51 and last traded at GBX 51, with a volume of 151027 shares traded. The stock had previously closed at GBX 50.

Staffline Group Price Performance

The company has a debt-to-equity ratio of 47.04, a quick ratio of 0.94 and a current ratio of 0.93. The firm has a market cap of £58.85 million, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74. The company’s fifty day moving average is GBX 45.37 and its two-hundred day moving average is GBX 45.06.

Insider Buying and Selling at Staffline Group

In other news, insider Thomas Spain sold 31,281 shares of the stock in a transaction dated Friday, January 9th. The stock was sold at an average price of GBX 46, for a total value of £14,389.26. Insiders sold a total of 267,093 shares of company stock valued at $12,286,278 over the last ninety days. 33.50% of the stock is owned by corporate 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.