Northamber (LON:NAR) Reaches New 1-Year Low – Time to Sell?

Northamber plc (LON:NAR) shares hit a new 52-week low on Tuesday . The stock traded as low as GBX 23 and last traded at GBX 27, with a volume of 322 shares trading hands. The stock had previously closed at GBX 25.

Northamber Stock Up 8.0%

The firm has a market cap of £7.32 million, a PE ratio of -1.94 and a beta of -0.10. The company’s 50 day moving average price is GBX 26.60 and its two-hundred day moving average price is GBX 29.41.

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

Insider Buying and Selling at Northamber

In related news, insider Kris Grimwood purchased 14,573 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average cost of GBX 15 per share, for a total transaction of £2,185.95. Corporate insiders own 78.28% of the company’s stock.

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.