Staffing 360 Solutions (STAF) Stock Rating Upgraded by Zacks Investment Research

Staffing 360 Solutions (NASDAQ:STAF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Friday. The brokerage currently has a $0.75 price objective on the business services provider’s stock. Zacks Investment Research‘s price objective indicates a potential downside of 77.40% 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. “

Shares of Staffing 360 Solutions (NASDAQ:STAF) traded down $0.08 during midday trading on Friday, reaching $3.32. The company’s stock had a trading volume of 54,722 shares, compared to its average volume of 28,595. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 8.94. The company has a market cap of $12.88, a price-to-earnings ratio of -0.79 and a beta of 0.75. Staffing 360 Solutions has a 52-week low of $2.25 and a 52-week high of $6.60.

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