Staffing 360 Solutions (STAF) Downgraded to “Hold” at Zacks Investment Research

Staffing 360 Solutions (NASDAQ:STAF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Saturday.

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) opened at $3.35 on Friday. The company has a debt-to-equity ratio of 8.94, a current ratio of 0.86 and a quick ratio of 0.86. Staffing 360 Solutions has a 12 month low of $2.25 and a 12 month high of $6.60. The company has a market cap of $65.82, a price-to-earnings ratio of -0.71 and a beta of 8.27.

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