BGSF (NYSE:BGSF) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of BGSF (NYSE:BGSF) in a research note issued to investors on Wednesday morning. The firm issued a hold rating on the stock.

BGSF Stock Up 0.5 %

BGSF opened at $5.03 on Wednesday. BGSF has a 12 month low of $4.95 and a 12 month high of $10.49. The company has a market cap of $55.38 million, a PE ratio of -50.24 and a beta of 1.55. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $5.50 and a 200 day moving average of $6.86.

Hedge Funds Weigh In On BGSF

Several hedge funds have recently made changes to their positions in BGSF. Geode Capital Management LLC boosted its stake in BGSF by 3.3% in the 3rd quarter. Geode Capital Management LLC now owns 96,845 shares of the company’s stock worth $816,000 after purchasing an additional 3,092 shares during the period. Cornerstone Wealth Group LLC purchased a new stake in shares of BGSF in the third quarter worth about $131,000. Perritt Capital Management Inc lifted its holdings in shares of BGSF by 42.8% in the fourth quarter. Perritt Capital Management Inc now owns 47,089 shares of the company’s stock worth $247,000 after buying an additional 14,113 shares in the last quarter. Pacific Ridge Capital Partners LLC boosted its position in shares of BGSF by 33.2% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 424,424 shares of the company’s stock valued at $2,224,000 after acquiring an additional 105,699 shares during the period. Finally, Tieton Capital Management LLC grew its stake in BGSF by 24.7% during the fourth quarter. Tieton Capital Management LLC now owns 623,250 shares of the company’s stock valued at $3,266,000 after acquiring an additional 123,410 shares in the last quarter. 37.19% of the stock is currently owned by hedge funds and other institutional investors.

BGSF Company Profile

BGSF, Inc, together with its subsidiaries, provides consulting, managed services, and professional workforce solutions in the United States. It operates in two segments, Property Management and Professional. The Property Management segment offers office and maintenance field talent to various apartment communities and commercial buildings.