Northamber (LON:NAR) Hits New 52-Week Low – Should You Sell?

Northamber plc (LON:NAR) reached a new 52-week low on Wednesday . The stock traded as low as GBX 23.60 and last traded at GBX 24, with a volume of 30249 shares trading hands. The stock had previously closed at GBX 24.64.

Northamber Stock Down 2.6%

The company has a 50-day moving average of GBX 26.90 and a two-hundred day moving average of GBX 29.51. The company has a market capitalization of £6.51 million, a P/E ratio of -1.73 and a beta of -0.10.

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

Insider Activity

In other Northamber news, insider Kris Grimwood purchased 14,573 shares of the stock in a transaction dated Friday, May 15th. The shares were purchased at an average cost of GBX 15 per share, with a total value of £2,185.95. 78.28% of the stock is currently owned by 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.