Staffing 360 Solutions (NASDAQ:STAF) Stock Passes Below 50 Day Moving Average of $1.83

Staffing 360 Solutions, Inc. (NASDAQ:STAF) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 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 Performance

The company has a market cap of $862,650.00, a P/E ratio of -0.02 and a beta of 0.56. The firm’s 50-day simple moving average is $1.83 and its 200 day simple moving average is $2.53.

Staffing 360 Solutions (NASDAQ:STAF) last announced its quarterly earnings data 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). Staffing 360 Solutions had a negative net margin of 13.78% and a negative return on equity of 551.43%. The company had revenue of $44.18 million during the quarter, compared to the consensus estimate of $45.81 million. As a group, research analysts forecast that Staffing 360 Solutions, Inc. will post -5.87 earnings per share for the current year.

Staffing 360 Solutions Company Profile

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.