Northamber (LON:NAR) Stock Price Down 2.9% – Should You Sell?

Northamber plc (LON:NAR) shares were down 2.9% during mid-day trading on Thursday . The company traded as low as GBX 23.78 and last traded at GBX 23.78. Approximately 3,688 shares traded hands during trading, a decline of 75% from the average daily volume of 14,881 shares. The stock had previously closed at GBX 24.50.

Northamber Stock Performance

The company has a 50 day moving average of GBX 24.58 and a 200 day moving average of GBX 27.16. The firm has a market cap of £6.45 million, a P/E ratio of -1.71 and a beta of -0.10.

Insider Buying and Selling at Northamber

In related news, insider Kris Grimwood purchased 14,573 shares of Northamber stock in a transaction on Friday, May 15th. The stock was bought at an average price of GBX 15 per share, with a total value of £2,185.95. 78.28% of the stock is owned by corporate insiders.

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.