Staffing 360 Solutions (NASDAQ:STAF) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Staffing 360 Solutions, Inc. (NASDAQ:STAF)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1.72 and traded as high as $2.07. Staffing 360 Solutions shares last traded at $1.94, with a volume of 133,438 shares.

Staffing 360 Solutions Price Performance

The business’s 50 day moving average price is $1.74 and its 200-day moving average price is $2.30. The firm has a market capitalization of $1.21 million, a price-to-earnings ratio of -0.02 and a beta of 0.54.

Staffing 360 Solutions (NASDAQ:STAF) last issued its earnings results on Monday, August 12th. The business services provider reported ($3.55) earnings per share for the quarter, missing the consensus estimate of ($0.92) by ($2.63). The business had revenue of $44.18 million for the quarter, compared to the consensus estimate of $45.81 million. As a group, analysts expect that Staffing 360 Solutions, Inc. will post -5.87 earnings per share for the current fiscal 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.