STAF Stock Summary and Trading Ideas (Staffing 360 Solutions | NASDAQ:STAF)

Staffing 360 Solutions Inc operates in the international staffing sector. It is engaged in the execution of an international buy-integrate-build process through the acquisition of domestic and international staffing organizations. The company operates through three Business Streams: Professional Staffing, Commercial Staffing, and Employer of Record. It primarily supports accounting and finance, information technology, engineering, administration, and commercial disciplines.

Staffing 360 Solutions trades on the NASDAQ stock market under the symbol STAF.

As of November 5, 2024, STAF stock price declined to $2.77 with 648,766 million shares trading.

STAF has a beta of 2.25, meaning it tends to be more sensitive to market movements. STAF has a correlation of 0.04 to the broad based SPY ETF.

STAF has a market cap of $2.51 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, STAF traded as high as $196.00 and as low as $1.08.

The top ETF exchange traded funds that STAF belongs to (by Net Assets): VXF.

STAF has underperformed the market in the last year with a return of -49.6%, while SPY returned +34.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in STAF shares. However, STAF has outperformed the market in the last 3 month and 2 week periods, returning +67.9% and +29.4%, while SPY returned +8.5% and -1.2%, respectively. This indicates STAF has been having a stronger performance recently.

STAF support price is $2.53 and resistance is $3.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that STAF shares will trade within this expected range on the day.