Zacks Investment Research upgraded shares of Staffing 360 Solutions, Inc. (NASDAQ:STAF) from a sell rating to a hold rating in a research report released on Friday morning.

According to Zacks, “Staffing 360 Solutions, Inc. is engaged in a global buy-and-build strategy through the acquisition of staffing organizations in the US and the UK. Through both organic growth and acquisitions, the Company provides permanent placement services in the finance and accounting, administrative, engineering and IT staffing space. Staffing 360 Solutions, Inc. is headquartered in New York, with its UK headquarters in London. “

Staffing 360 Solutions (NASDAQ STAF) opened at 0.62 on Friday. The firm’s market capitalization is $9.61 million. The company’s 50 day moving average price is $0.59 and its 200 day moving average price is $0.69. Staffing 360 Solutions has a 12 month low of $0.45 and a 12 month high of $1.73.

Staffing 360 Solutions (NASDAQ:STAF) last issued its earnings results on Tuesday, August 15th. The business services provider reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.02. The business had revenue of $42.12 million for the quarter. Staffing 360 Solutions had a negative return on equity of 86.16% and a negative net margin of 3.78%. Analysts anticipate that Staffing 360 Solutions will post ($0.37) EPS for the current year.

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