Staffing 360 Solutions, Inc. (STAF) Sees Large Volume Increase

Staffing 360 Solutions, Inc. (NASDAQ:STAF) shares saw strong trading volume on Tuesday . 9,625,105 shares traded hands during trading, an increase of 21,552% from the previous session’s volume of 44,453 shares.The stock last traded at $0.86 and had previously closed at $0.58.

Separately, Zacks Investment Research lowered shares of Staffing 360 Solutions from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd.

The stock has a 50 day moving average of $0.60 and a 200-day moving average of $0.68. The firm’s market capitalization is $13.64 million.

Staffing 360 Solutions (NASDAQ:STAF) last posted its quarterly earnings results on Tuesday, August 15th. The business services provider reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. Analysts predict that Staffing 360 Solutions, Inc. will post ($0.37) EPS for the current year.

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