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

Investment analysts at StockNews.com initiated coverage on shares of BGSF (NYSE:BGSF) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

BGSF Trading Down 0.3 %

Shares of BGSF stock opened at $4.97 on Wednesday. The firm has a market cap of $54.71 million, a PE ratio of -49.65 and a beta of 1.55. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.75 and a quick ratio of 1.75. BGSF has a 1 year low of $4.95 and a 1 year high of $10.49. The company has a 50 day simple moving average of $5.51 and a two-hundred day simple moving average of $6.87.

Institutional Trading of BGSF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP purchased a new stake in shares of BGSF in the fourth quarter valued at $101,000. Cornerstone Wealth Group LLC purchased a new position in shares of BGSF during the 3rd quarter valued at about $131,000. Geode Capital Management LLC boosted its holdings in BGSF by 3.3% during the third quarter. Geode Capital Management LLC now owns 96,845 shares of the company’s stock worth $816,000 after buying an additional 3,092 shares in the last quarter. Finally, Tieton Capital Management LLC increased its holdings in BGSF by 24.7% in the 4th quarter. Tieton Capital Management LLC now owns 623,250 shares of the company’s stock worth $3,266,000 after acquiring an additional 123,410 shares in the last quarter. 37.19% of the stock is 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.