Zacks Investment Research Lowers Staffing 360 Solutions Inc (STAF) to Hold
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 1.36 on Friday. The company’s 50 day moving average is $1.44 and its 200 day moving average is $2.00. Staffing 360 Solutions has a one year low of $1.22 and a one year high of $6.78. The company’s market cap is $10.22 million.
Staffing 360 Solutions (NASDAQ:STAF) last released its quarterly earnings results on Monday, August 29th. The company reported ($0.52) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.28. The company had revenue of $44.40 million for the quarter, compared to analyst estimates of $44.31 million. On average, equities analysts predict that Staffing 360 Solutions will post ($0.65) earnings per share for the current 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.
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