Staffline Group (LON:STAF) Reaches New 1-Year High – Here’s What Happened

Shares of Staffline Group plc (LON:STAF) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 52.50 and last traded at GBX 51, with a volume of 48987 shares. The stock had previously closed at GBX 51.

Staffline Group Price Performance

The firm has a 50 day moving average of GBX 46.98 and a two-hundred day moving average of GBX 45.38. The stock has a market capitalization of £58.50 million, a PE ratio of 17.00, a P/E/G ratio of 2.27 and a beta of 1.74. 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 Buying and Selling

In related news, insider Thomas Spain sold 86,599 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of GBX 51, for a total value of £44,165.49. In the last three months, insiders sold 449,266 shares of company stock worth $21,792,281. Company insiders own 34.00% of the company’s stock.

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.