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

Staffline Group plc (LON:STAF) shares hit a new 52-week high during mid-day trading on Thursday . The company 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 quick ratio of 0.94, a current ratio of 0.93 and a debt-to-equity ratio of 47.04. The company has a market capitalization of £56.54 million, a PE ratio of 16.33, a price-to-earnings-growth ratio of 2.27 and a beta of 1.74. The firm’s 50 day simple moving average is GBX 45.54 and its 200 day simple moving average is GBX 45.11.

Insider Buying and Selling

In other news, insider Thomas Spain acquired 138,612 shares of Staffline Group stock in a transaction that occurred on Wednesday, December 10th. The shares were bought at an average cost of GBX 46 per share, with a total value of £63,761.52. In the last 90 days, insiders have sold 267,093 shares of company stock worth $12,286,278. Corporate insiders own 33.50% 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.