Equities researchers at StockNews.com initiated coverage on shares of BGSF (NYSE:BGSF - Get Free Report) in a research report issued to clients and investors on Wednesday. The brokerage set a "hold" rating on the stock.
BGSF Price Performance
Shares of BGSF stock traded up $0.07 during mid-day trading on Wednesday, reaching $5.10. The company's stock had a trading volume of 11,226 shares, compared to its average volume of 11,566. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.75 and a current ratio of 1.75. The firm's 50-day moving average is $5.48 and its two-hundred day moving average is $6.81. BGSF has a 1-year low of $4.70 and a 1-year high of $10.49. The company has a market cap of $56.22 million, a P/E ratio of -50.99 and a beta of 1.55.
Institutional Trading of BGSF
Several institutional investors have recently bought and sold shares of the stock. Tieton Capital Management LLC raised its stake in shares of BGSF by 24.7% in the fourth quarter. Tieton Capital Management LLC now owns 623,250 shares of the company's stock valued at $3,266,000 after acquiring an additional 123,410 shares during the last quarter. Pacific Ridge Capital Partners LLC increased its stake in shares of BGSF by 33.2% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 424,424 shares of the company's stock valued at $2,224,000 after buying an additional 105,699 shares in the last quarter. Allworth Financial LP bought a new position in shares of BGSF in the fourth quarter valued at about $101,000. Cornerstone Wealth Group LLC acquired a new position in BGSF during the 3rd quarter worth about $131,000. Finally, Perritt Capital Management Inc grew its holdings in BGSF by 42.8% during the 4th quarter. Perritt Capital Management Inc now owns 47,089 shares of the company's stock worth $247,000 after acquiring an additional 14,113 shares during the last quarter. Institutional investors and hedge funds own 37.19% of the company's stock.
BGSF Company Profile
(
Get Free Report)
BGSF, Inc, together with its subsidiaries, provides consulting, managed services, and professional workforce solutions in the United States. It operates in two segments, Property Management and Professional. The Property Management segment offers office and maintenance field talent to various apartment communities and commercial buildings.
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