Staffing 360 Solutions (NASDAQ:STAF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Friday. The firm presently has a $0.75 price target on the business services provider’s stock. Zacks Investment Research‘s price objective points to a potential downside of 77.94% from the stock’s current price.
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. “
Staffing 360 Solutions (STAF) traded down $0.10 during midday trading on Friday, reaching $3.40. The company had a trading volume of 169,800 shares, compared to its average volume of 81,533. The stock has a market capitalization of $65.82, a P/E ratio of -0.72 and a beta of 8.27. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 8.94. Staffing 360 Solutions has a 12 month low of $2.25 and a 12 month high of $6.60.
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