Staffline Group Plc (LON:STAF) Insider Buys £19,500 in Stock

Staffline Group Plc (LON:STAF) insider Ian Lawson acquired 50,000 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was acquired at an average cost of GBX 39 ($0.48) per share, for a total transaction of £19,500 ($23,997.05).

Shares of LON STAF opened at GBX 37.33 ($0.46) on Wednesday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 122.66. The firm has a market cap of $25.01 million and a PE ratio of -0.44. The company’s fifty day simple moving average is GBX 30.69 and its 200 day simple moving average is GBX 47.72. Staffline Group Plc has a 12-month low of GBX 15.56 ($0.19) and a 12-month high of GBX 180 ($2.22).

Separately, Liberum Capital reaffirmed an “under review” rating on shares of Staffline Group in a research note on Monday.

Staffline Group Company Profile

Staffline Group plc, together with its subsidiaries, provides recruitment and outsourced human resource services to industry; and services in the welfare to work arena and skills training in the United Kingdom. The company operates through two segments, Recruitment and PeoplePlus. It provides labor solutions to the agriculture, food processing, manufacturing, e-retail, driving, and logistics sectors under the Staffline OnSite, Select Appointments, Staffline Express, Driving Plus, Staffline Agriculture, Brightwork, and Diamond Recruitment brand names; and employability, skills, and well-being services to central and local government, and commercial customers under the PeoplePlus brand.

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