Northamber (LON:NAR) Reaches New 52-Week Low – Here’s Why

Northamber plc (LON:NAR) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 23 and last traded at GBX 23, with a volume of 2500 shares. The stock had previously closed at GBX 25.

Northamber Trading Down 8.0%

The company has a market capitalization of £6.24 million, a PE ratio of -1.66 and a beta of -0.10. The stock has a fifty day moving average of GBX 25.44 and a two-hundred day moving average of GBX 28.34.

Insider Buying and Selling

In other Northamber news, insider Kris Grimwood purchased 14,573 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were purchased at an average cost of GBX 15 per share, with a total value of £2,185.95. 78.28% of the stock is owned by insiders.

Northamber Company Profile

Northamber plc, together with its subsidiaries, engages in the supply of computer hardware, computer printers and peripheral products, computer telephony products, and other electronic transmission equipment in the United Kingdom. The company offers audio visual products, such as collaboration and conferencing, connectivity and control, interactive displays, lighting, live solutions, professional audio and displays, projection, and security and thermal solutions; and computer accessories and components, dictation, disk and memory, laptop/desktop PCs, mice and keyboards, monitors, tablets and virtual desktop.