Zacks Investment Research upgraded shares of Staffing 360 Solutions, Inc. (NASDAQ:STAF) from a sell rating to a hold rating in a research note issued to investors on Thursday 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) traded up 1.4331% during trading on Thursday, reaching $0.6441. 107,898 shares of the company’s stock traded hands. The company’s 50 day moving average is $0.59 and its 200-day moving average is $0.68. The stock’s market cap is $9.99 million. Staffing 360 Solutions has a 52-week low of $0.45 and a 52-week high of $1.71.

Staffing 360 Solutions (NASDAQ:STAF) last posted its quarterly earnings data on Tuesday, August 15th. The business services provider reported ($0.04) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.02). The company had revenue of $42.12 million during the quarter. Staffing 360 Solutions had a negative return on equity of 86.16% and a negative net margin of 3.78%. On average, analysts anticipate that Staffing 360 Solutions will post ($0.37) earnings per share for the current fiscal year.

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Staffing 360 Solutions Company Profile

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