Staffline’s Recruitment Ireland MD Sells Shares

Staffline ( (GB:STAF) ) has issued an announcement.

Staffline Group PLC announced that Martina McKenzie, Managing Director of Recruitment Ireland, sold 77,313 ordinary shares at £0.32 per share. This transaction, conducted on the London Stock Exchange, leaves McKenzie with a significant interest in 540,477 shares, reflecting ongoing changes in the company’s executive shareholdings.

Spark’s Take on GB:STAF Stock

According to Spark, TipRanks’ AI Analyst, GB:STAF is a Neutral.

Staffline’s stock score reflects a mixed performance. Financially, the company shows improved cash flow and capital management but struggles with profitability. Technical indicators suggest potential short-term volatility. Valuation concerns persist due to a negative P/E ratio. However, strategic actions like partnerships and share buybacks are positive, indicating potential for future growth.

To see Spark’s full report on GB:STAF stock, click here.

More about Staffline

Staffline Group PLC is a leading recruitment group in the UK, operating through two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB specializes in providing flexible blue-collar workers across various industries such as supermarkets, logistics, and manufacturing, while Recruitment Ireland offers comprehensive staffing solutions across public and private sectors in Ireland.

Average Trading Volume: 682,388

Technical Sentiment Signal: Buy

Current Market Cap: £44M

Learn more about STAF stock on TipRanks’ Stock Analysis page.