Zacks Investment Research cut shares of Staffing 360 Solutions Inc (NASDAQ:STAF) from a hold rating to a sell rating in a research note released on Thursday morning.
According to Zacks, “Staffing 360 Solutions, Inc. is involved in the acquisition of staffing companies primarily in the United States and Europe. The Company provides permanent placements and consulting services which includes risk audits, due diligence for mergers and acquisition targets as well as internal audit assessments. Staffing 360 Solutions, Inc. is headquartered in New York. “
Shares of Staffing 360 Solutions (NASDAQ:STAF) opened at 1.15 on Thursday. Staffing 360 Solutions has a 1-year low of $1.11 and a 1-year high of $6.40. The stock’s market capitalization is $8.64 million. The stock’s 50 day moving average price is $1.41 and its 200-day moving average price is $1.87.
Staffing 360 Solutions (NASDAQ:STAF) last released its earnings results on Monday, August 29th. The company reported ($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by $0.28. The firm earned $44.40 million during the quarter, compared to the consensus estimate of $44.31 million. Equities research analysts anticipate that Staffing 360 Solutions will post ($0.65) EPS for the current fiscal year.
Staffing 360 Solutions Company Profile
Staffing 360 Solutions, Inc is an international staffing company. The Company is engaged in acquisition of the United States (U.S.) and the United Kingdom (U.K.) based staffing companies. The Company’s business model is based on finding and acquiring, suitable, mature, operating, domestic and international staffing companies.