Northamber (LON:NAR) Sets New 1-Year Low – Should You Sell?

Northamber plc (LON:NAR) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 24 and last traded at GBX 24, with a volume of 1059 shares. The stock had previously closed at GBX 26.

Northamber Price Performance

The firm has a market capitalization of £6.51 million, a PE ratio of -1.73 and a beta of -0.10. The company’s fifty day simple moving average is GBX 27.57 and its 200-day simple moving average is GBX 29.66.

Northamber (LON:NAR) last issued its earnings results on Friday, March 20th. The company reported GBX (1.38) earnings per share (EPS) for the quarter. Northamber had a negative return on equity of 21.33% and a negative net margin of 5.40%.

Insider Buying and Selling at Northamber

In related news, insider Kris Grimwood acquired 14,573 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of GBX 15 per share, with a total value of £2,185.95. Insiders own 78.28% of the company’s stock.

About Northamber

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.