Staffing 360 Solutions Inc (NASDAQ:STAF) traded at $2.84 at close of the session on Monday, November 04 and made an upward move of 67.06% on its previous day’s price.
Looking at the stock we see that its previous close was $1.70 and the beta (5Y monthly) reads 0.537 with the day’s price range being $2.48 – $3.62. In terms of its 52-week price range, STAF has a high of $6.19 and a low of $1.08. The company’s stock has gained about 116.79% over that past 30 days.
Staffing 360 Solutions Inc has a market cap of $2.59 million and is expected to release its quarterly earnings report in December. Estimates by analysts give the company expected earnings per share (EPS) of 0.03, with the EPS growth for the year raised at -5.87 for current year and -5.87 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 49.68M, with a low of 49.68M and a high of 49.68M. The median projection represents growth adding up to -21.70% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 190.76M, or -0.10% down from figures reported last year.
On the other hand, looking at the outlook for the STAF stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Staffing 360 Solutions Inc (STAF) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Sell and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 60.27% off its SMA20 and 64.62% from its 50-day simple moving average. The RSI (14) is pointing at 71.51 while the volatility over the past week is 15.32% and jumps to 23.00% over the past one month. The beta value is 0.52, while the average true range (ATR) is currently pointing at 0.47.
Coming back to Staffing 360 Solutions Inc (NASDAQ:STAF), we note that the average 3-month trading volume was 2.24 million, while that of the preceding 10-day period stands at 0.37 million. Current shares outstanding are 5.60 million.
The insiders hold 29.15% of the company’s shares while institutions hold 9.17%. The data shows that short shares as of 2024-10-15, stood at 841.0 at a short ratio of 0.01. This represents a 11.00 short interest in shares outstanding on 2024-10-15. Shares short fall in October from the previous month at 2611.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -29.18% down in year-to-date price movement.
