Zacks Investment Research upgraded shares of Staffing 360 Solutions (NASDAQ:STAF) from a hold rating to a buy rating in a research note issued to investors on Saturday. Zacks Investment Research currently has $3.75 price objective on the business services provider’s stock.

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 down $0.08 during trading on Friday, reaching $3.42. 32,500 shares of the company were exchanged, compared to its average volume of 126,570. The company has a market capitalization of $13.58, a P/E ratio of -0.81 and a beta of 0.75. Staffing 360 Solutions has a 1-year low of $2.25 and a 1-year high of $6.60. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 8.94.

Staffing 360 Solutions (NASDAQ:STAF) last announced its quarterly earnings data on Wednesday, November 15th. The business services provider reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of ($0.75) by $1.05. Staffing 360 Solutions had a negative net margin of 5.98% and a negative return on equity of 64.82%. analysts predict that Staffing 360 Solutions will post -3.3 earnings per share for the current fiscal year.

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Staffing 360 Solutions Company Profile

Staffing 360 Solutions, Inc operates in the staffing sector. The Company is engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the United States and the United Kingdom. Its targeted consolidation model is focused on the finance and accounting, administrative, engineering and information technology (IT) staffing space.

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