BGSF (NYSE:BGSF) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of BGSF (NYSE:BGSF) in a report issued on Thursday morning. The firm issued a hold rating on the stock.

BGSF Stock Up 0.9 %

Shares of NYSE BGSF opened at $4.98 on Thursday. The firm’s 50-day moving average price is $5.40 and its 200-day moving average price is $6.69. 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 stock has a market capitalization of $54.82 million, a price-to-earnings ratio of -49.75 and a beta of 1.55. BGSF has a 12-month low of $4.70 and a 12-month high of $10.49.

Hedge Funds Weigh In On BGSF

Several hedge funds have recently added to or reduced their stakes in BGSF. Cornerstone Wealth Group LLC bought a new position in BGSF during the 3rd quarter valued at about $131,000. Geode Capital Management LLC raised its holdings in shares of BGSF by 3.3% in 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 during the last quarter. Allworth Financial LP acquired a new stake in shares of BGSF in the fourth quarter worth $101,000. Tieton Capital Management LLC increased its stake in shares of BGSF by 24.7% in the fourth 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 during the period. Finally, Pacific Ridge Capital Partners LLC grew its position in BGSF by 33.2% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 424,424 shares of the company’s stock valued at $2,224,000 after buying an additional 105,699 shares during the period. 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.