Staffing 360 Solutions (NASDAQ:STAF) Stock Price Crosses Above 50 Day Moving Average of $2.04

Staffing 360 Solutions, Inc. (NASDAQ:STAF) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.04 and traded as high as $2.17. Staffing 360 Solutions shares last traded at $1.94, with a volume of 73,446 shares.

Staffing 360 Solutions Price Performance

The business’s 50-day moving average is $2.04 and its two-hundred day moving average is $2.71.

Staffing 360 Solutions (NASDAQ:STAF) last posted its quarterly earnings results on Monday, August 12th. The business services provider reported ($3.55) earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $44.18 million for the quarter, compared to analysts’ expectations of $45.81 million. As a group, equities analysts anticipate 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.