Northamber (LON:NAR) Hits New 12-Month Low – Time to Sell?

Northamber plc (LON:NAR) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 25.15 ($0.32) and last traded at GBX 25.15 ($0.32), with a volume of 3567 shares changing hands. The stock had previously closed at GBX 26.50 ($0.33).

Northamber Stock Up 2.8 %

The stock has a 50-day moving average of GBX 27.41 and a 200 day moving average of GBX 30.84. The stock has a market cap of £7.30 million, a PE ratio of -5.46 and a beta of -0.10.

Insider Transactions at Northamber

In other news, insider Tony Lee acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, December 10th. The shares were acquired at an average price of GBX 28 ($0.35) per share, with a total value of £280 ($352.16). Corporate 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.