Staffing 360 Solutions (NASDAQ:STAF) Stock Passes Below Fifty Day Moving Average of $1.83

Shares of Staffing 360 Solutions, Inc. (NASDAQ:STAF) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $1.83 and traded as low as $1.35. Staffing 360 Solutions shares last traded at $1.35, with a volume of 26,702 shares trading hands.

Staffing 360 Solutions Stock Down 8.2 %

The business’s 50 day simple moving average is $1.83 and its two-hundred day simple moving average is $2.53. The stock has a market capitalization of $862,650.00, a P/E ratio of -0.02 and a beta of 0.56.

Staffing 360 Solutions (NASDAQ:STAF) last issued its quarterly earnings results on Monday, August 12th. The business services provider reported ($3.55) EPS for the quarter, missing analysts’ consensus estimates of ($0.92) by ($2.63). Staffing 360 Solutions had a negative return on equity of 551.43% and a negative net margin of 13.78%. The business had revenue of $44.18 million for the quarter, compared to the consensus estimate of $45.81 million. Analysts predict that Staffing 360 Solutions, Inc. will post -5.87 earnings per share for the current year.

About Staffing 360 Solutions

Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. It provides temporary contractors, and permanent placement services. The company focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.