Staffing 360 Solutions (NASDAQ:STAF) Issues Earnings Results

Staffing 360 Solutions (NASDAQ:STAF) announced its earnings results on Monday. The business services provider reported ($3.55) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.92) by ($2.63), Zacks reports. The firm had revenue of $44.18 million for the quarter, compared to analyst estimates of $45.81 million. Staffing 360 Solutions had a negative return on equity of 551.45% and a negative net margin of 13.94%.

Staffing 360 Solutions Stock Performance

Shares of STAF stock traded down $0.11 during trading hours on Wednesday, hitting $1.39. 41,591 shares of the company were exchanged, compared to its average volume of 47,796. Staffing 360 Solutions has a one year low of $1.31 and a one year high of $9.40. The business’s 50-day simple moving average is $2.32 and its two-hundred day simple moving average is $2.83. The stock has a market capitalization of $1.26 million, a price-to-earnings ratio of -0.02 and a beta of 0.55.

About Staffing 360 Solutions

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.