Staffing 360 Solutions (NASDAQ:STAF) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Staffing 360 Solutions, Inc. (NASDAQ:STAF)’s share price crossed 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.

Staffing 360 Solutions Stock Up 0.6 %

The business has a 50 day simple moving average of $1.74 and a two-hundred day simple moving average of $2.27.

Staffing 360 Solutions (NASDAQ:STAF) last posted its quarterly earnings data on Monday, August 12th. The business services provider reported ($3.55) earnings per share for the quarter, missing the consensus estimate 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. On average, equities analysts predict that Staffing 360 Solutions, Inc. will post -5.87 earnings per share for the current fiscal 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.