Volt Information Sciences (NYSEAMERICAN:VOLT) Share Price Passes Above 200 Day Moving Average of $3.63

Volt Information Sciences, Inc. (NYSEAMERICAN:VOLT – Get Rating)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.63 and traded as high as $6.00. Volt Information Sciences shares last traded at $5.99, with a volume of 4,819 shares traded.

Separately, Zacks Investment Research raised shares of Volt Information Sciences from a “sell” rating to a “hold” rating in a research note on Thursday, March 3rd.

The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 1.99. The business’s fifty day moving average is $4.47 and its 200 day moving average is $3.63. The firm has a market capitalization of $132.37 million, a P/E ratio of 54.46, a P/E/G ratio of 3.33 and a beta of 2.47.

Volt Information Sciences (NYSEAMERICAN:VOLT – Get Rating) last released its earnings results on Tuesday, March 15th. The solar energy provider reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.10. Volt Information Sciences had a net margin of 0.29% and a return on equity of 19.44%. The business had revenue of $226.93 million for the quarter, compared to the consensus estimate of $225.50 million. As a group, sell-side analysts predict that Volt Information Sciences, Inc. will post 0.12 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of VOLT. O Shaughnessy Asset Management LLC grew its position in Volt Information Sciences by 25,647.6% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 48,663 shares of the solar energy provider’s stock worth $173,000 after purchasing an additional 48,474 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Volt Information Sciences by 1.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 662,155 shares of the solar energy provider’s stock worth $2,351,000 after purchasing an additional 8,194 shares in the last quarter. Manatuck Hill Partners LLC grew its position in Volt Information Sciences by 75.4% during the 3rd quarter. Manatuck Hill Partners LLC now owns 352,200 shares of the solar energy provider’s stock worth $1,250,000 after purchasing an additional 151,400 shares in the last quarter. Marshall Wace LLP purchased a new position in Volt Information Sciences during the 3rd quarter worth approximately $297,000. Finally, Millennium Management LLC purchased a new position in Volt Information Sciences during the 3rd quarter worth approximately $57,000. Hedge funds and other institutional investors own 33.60% of the company’s stock.

Volt Information Sciences Company Profile (NYSEAMERICAN:VOLT)

Volt Information Sciences, Inc provides traditional time, materials-based, and project-based staffing services in the United States, Europe, Canada, and the Asia Pacific. The company operates through North American Staffing, International Staffing, and North American MSP segments. It provides contingent staffing, direct placement, personnel recruitment, staffing management, and other employment services; and managed service programs consisting of managing the procurement, on-boarding of contingent workers, and specialized solutions, such as managing suppliers, sourcing and recruiting support, statement of work management, supplier performance measurement, optimization and analysis, benchmarking of spend demographics and market rate analysis, consolidated customer billing, and supplier payment management solutions.

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