Staffing 360 Solutions (NASDAQ:STAF) Share Price Crosses Below 50-Day Moving Average of $0.32

Shares of Staffing 360 Solutions, Inc. (NASDAQ:STAF) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.32 and traded as low as $0.29. Staffing 360 Solutions shares last traded at $0.29, with a volume of 27,034 shares trading hands.

Staffing 360 Solutions Trading Down 7.6 %

The firm has a market cap of $2.24 million, a price-to-earnings ratio of -0.03 and a beta of 0.54. The company has a fifty day moving average price of $0.32 and a 200-day moving average price of $0.43. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.14.

Hedge Funds Weigh In On Staffing 360 Solutions

An institutional investor recently bought a new position in Staffing 360 Solutions stock. Vanguard Group Inc. acquired a new stake in Staffing 360 Solutions, Inc. (NASDAQ:STAF) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 34,846 shares of the business services provider’s stock, valued at approximately $107,000. Vanguard Group Inc. owned 1.43% of Staffing 360 Solutions as of its most recent SEC filing. Institutional investors and hedge funds own 15.19% of the company’s stock.

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.