BGSF (NYSE:BGSF) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of BGSF (NYSE:BGSF) in a research report sent to investors on Saturday. The firm issued a hold rating on the stock.

BGSF Price Performance

Shares of BGSF opened at $4.44 on Friday. BGSF has a 12-month low of $4.15 and a 12-month high of $10.50. The business’s fifty day moving average is $5.15 and its 200 day moving average is $6.44. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.50. The stock has a market cap of $48.95 million, a P/E ratio of -44.40 and a beta of 1.51.

Hedge Funds Weigh In On BGSF

Several large investors have recently bought and sold shares of BGSF. Tower Research Capital LLC TRC bought a new position in BGSF during the 4th quarter valued at $29,000. Millennium Management LLC bought a new position in BGSF during the 4th quarter valued at $60,000. Allworth Financial LP bought a new position in BGSF during the 4th quarter valued at $101,000. Northern Trust Corp lifted its stake in BGSF by 43.8% during the 4th quarter. Northern Trust Corp now owns 37,675 shares of the company’s stock valued at $197,000 after acquiring an additional 11,483 shares in the last quarter. Finally, Perritt Capital Management Inc lifted its stake in BGSF by 42.8% during the 4th quarter. Perritt Capital Management Inc now owns 47,089 shares of the company’s stock valued at $247,000 after acquiring an additional 14,113 shares in the last quarter. 37.19% of the stock is currently owned by 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.