Staffing 360 Solutions Inc (STAF)

[~MulaGreen~]

Correct^^^....Great upside potential and pps Target...Staffing 360 Solutions (NASDAQ:STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and UK. On September last year, the company effected a 1-10 reverse stock split which upon completion would see the stock uplist and trade on the NASDAQ exchange. Since then, the company has had an impressive performance with a number of analysts initiating positive coverage on the stock.

The company has managed to sustain its momentum as it recently reached the halfway mark of its goal of achieving $300 million in annualized revenue by the end of FY16Q3. Revenue rose by 42 percent for the most recent quarter compared to the year ago period also managed to generate $2.2 million in operating cash flow during the first three quarters of the current fiscal year. It is in light of this solid growth that analysts at See ThruEquity gave the stock a price target of $5.65 which translates to upside potential of more than 150 percent from the current share price.



Read more: http://www.nasdaq.com/press-release/these-companies-prove-that-reverse-splits-can-be-a-very-good-thing-for-stakeholders-20160614-00924#ixzz4EdYWv3b0