Staffline Group (LON:STAF) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Staffline Group plc (LON:STAF)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 43.70 and traded as high as GBX 45.90. Staffline Group shares last traded at GBX 43.70, with a volume of 40,446 shares.

Staffline Group Stock Down 1.4%

The firm’s fifty day moving average price is GBX 40.92 and its two-hundred day moving average price is GBX 43.70. The stock has a market cap of £47.81 million, a price-to-earnings ratio of 8.09, a price-to-earnings-growth ratio of 2.27 and a beta of 0.52. The company has a debt-to-equity ratio of 56.76, a current ratio of 0.99 and a quick ratio of 0.94.

Staffline Group (LON:STAF) last released its quarterly earnings data on Tuesday, July 28th. The company reported GBX 1.90 EPS for the quarter. Staffline Group had a return on equity of 17.30% and a net margin of 0.56%. Sell-side analysts forecast that Staffline Group plc will post 4.3026706 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Staffline Group news, insider Catherine Lynch acquired 23,750 shares of the stock in a transaction on Friday, June 5th. The shares were purchased at an average price of GBX 41 per share, for a total transaction of £9,737.50. Also, insider Thomas Spain sold 67,340 shares of the company’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of GBX 44, for a total transaction of £29,629.60. Insiders have sold a total of 967,529 shares of company stock valued at $38,466,402 in the last 90 days. 36.42% of the stock is currently owned by company 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. 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.