SThree (LON:STEM) Shares Down 23.5% - Time to Sell?

Shares of SThree plc (LON:STEM - Get Free Report) fell 23.5% during trading on Thursday . The company traded as low as GBX 221.50 ($2.83) and last traded at GBX 276 ($3.52). 2,873,337 shares changed hands during trading, an increase of 1,032% from the average session volume of 253,752 shares. The stock had previously closed at GBX 361 ($4.61).

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased their price objective on shares of SThree from GBX 520 ($6.63) to GBX 390 ($4.98) and set a "buy" rating for the company in a report on Thursday.

SThree Trading Down 26.6 %

The company has a current ratio of 1.89, a quick ratio of 1.69 and a debt-to-equity ratio of 11.91. The stock has a market cap of £352.19 million, a price-to-earnings ratio of 638.10, a P/E/G ratio of 0.75 and a beta of 0.98. The company has a fifty day simple moving average of GBX 359.25 and a 200-day simple moving average of GBX 394.05.

Insider Transactions at SThree

In related news, insider Elaine O’Donnell acquired 5,500 shares of the stock in a transaction that occurred on Thursday, November 14th. The shares were purchased at an average cost of GBX 344 ($4.39) per share, with a total value of £18,920 ($24,135.73). Also, insider Timo Lehne purchased 85,028 shares of the stock in a transaction dated Wednesday, September 25th. The shares were bought at an average price of GBX 375 ($4.78) per share, for a total transaction of £318,855 ($406,754.69). Insiders have bought a total of 90,633 shares of company stock valued at $33,813,420 over the last ninety days. Corporate insiders own 6.23% of the company's stock.

SThree Company Profile

SThree plc provides specialist recruitment services in the sciences, technology, engineering, and mathematics markets in the United Kingdom, Austria, Germany, Switzerland, Netherlands, Spain, Belgium, France, the United States, Dubai, Japan. The company offers recruitment services for permanent and contract roles, as well as support services.