Barrett Business Services Inc. (NASDAQ:BBSI) was up 1.8% on Thursday . The stock traded as high as $47.78 and last traded at $47.69, with a volume of 59,042 shares traded. The stock had previously closed at $46.86.

Separately, TheStreet raised shares of Barrett Business Services from a “hold” rating to a “buy” rating in a report on Wednesday, August 17th.

The company has a market cap of $349.19 million and a price-to-earnings ratio of 15.44. The stock has a 50-day moving average of $43.97 and a 200 day moving average of $35.70.

Barrett Business Services (NASDAQ:BBSI) last released its quarterly earnings results on Tuesday, August 9th. The company reported $1.30 earnings per share for the quarter. The firm had revenue of $203.40 million for the quarter, compared to the consensus estimate of $182 million. Analysts forecast that Barrett Business Services Inc. will post $3.43 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 6th. Investors of record on Monday, August 22nd will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Thursday, August 18th.

Barrett Business Services, Inc (BBSI) is a provider of business management solutions for small and mid-sized companies. The Company has developed a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.

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