Staffing 360 Solutions (NASDAQ:STAF) Share Price Passes Above 50-Day Moving Average – Here’s Why

Staffing 360 Solutions, Inc. (NASDAQ:STAF)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.74 and traded as high as $1.77. Staffing 360 Solutions shares last traded at $1.70, with a volume of 75,500 shares changing hands.

Staffing 360 Solutions Trading Up 0.6 %

The company’s fifty day simple moving average is $1.74 and its 200 day simple moving average is $2.27.

Staffing 360 Solutions (NASDAQ:STAF) last announced its quarterly earnings results on Monday, August 12th. The business services provider reported ($3.55) EPS for the quarter, missing analysts’ consensus estimates of ($0.92) by ($2.63). The company had revenue of $44.18 million for the quarter, compared to the consensus estimate of $45.81 million. As a group, equities research analysts anticipate that Staffing 360 Solutions, Inc. will post -5.87 EPS for the current year.

Staffing 360 Solutions Company Profile

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.