Staffing 360 Solutions (NASDAQ:STAF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Friday, January 5th. The firm currently has a $0.75 target price on the business services provider’s stock. Zacks Investment Research‘s target price would indicate a potential downside of 78.57% from the stock’s previous close.
According to Zacks, “Staffing 360 Solutions, Inc. is engaged in a global buy-and-build strategy through the acquisition of staffing organizations in the US and the UK. Through both organic growth and acquisitions, the Company provides permanent placement services in the finance and accounting, administrative, engineering and IT staffing space. Staffing 360 Solutions, Inc. is headquartered in New York, with its UK headquarters in London. “
Shares of Staffing 360 Solutions (STAF) traded up $0.15 during midday trading on Friday, hitting $3.50. 194,600 shares of the company’s stock were exchanged, compared to its average volume of 137,022. Staffing 360 Solutions has a one year low of $2.25 and a one year high of $6.60. The company has a market capitalization of $13.58, a P/E ratio of -0.83 and a beta of 0.75. The company has a debt-to-equity ratio of 8.94, a quick ratio of 0.86 and a current ratio of 0.86.
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About Staffing 360 Solutions
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