Volt Information Sciences (OTCMKTS: VOLT) has been improved by Zacks investment research from a “sell” note to a “keep” note in a research report given to clients and investors on Friday, Zacks.com reports.
According to Zacks, “Volt Information Sciences, Inc. is a leading national provider of staffing services, telecommunications and information solutions with a customer base of several hundred clients. Operating through a network of over three hundred branches of the Volt Services group, the Staffing Services segment fulfills IT and other technical, commercial and industrial investment needs of its clients, on both a temporary and permanent basis. telecommunications and information solutions, which include the segments of telecommunications services, computer systems and telephone directory, provide complete telephone directory production and directory publishing; a full range of telecommunications construction, installation and engineering services; and advanced information systems and operator services for telephone companies.
OTCMKTS: VOLT traded up $ 0.05 on Friday, reaching $ 2.99. The company’s shares had a trade volume of 15,636 shares, compared to its average volume of 40,009. Volt Information Sciences has a one-year low at $ 1.82 and a one-year high at 5 , $ 50. The company has a debt ratio of 2.00, a quick ratio of 1.96, and a current ratio of 1.96. The company has a market cap of $ 66.02 million, a PE ratio of -5.16, a PEG ratio of 1.39 and a beta of 2.42. The company’s 50-day mobile average price is $ 3.00, and its two-hundred-day mobile average price is $ 3.77.
Several institutional investors have recently changed their stake in the company. Millennium Management LLC purchased a new stake in Volt Information Sciences during the third quarter valued at approximately $ 57,000. State Street Corp purchased a new stake in Volt Information Sciences in the second quarter valued at approximately $ 85,000. O Shaughnessy Asset Management LLC increased its stake in Volt Information Sciences by 25,647.6% in the third quarter. O Shaughnessy Asset Management LLC now owns 48,663 shares of the solar power supplier valued at $ 173,000 after purchasing an additional 48,474 shares during the period. Northern Trust Corp increased its stake in Volt Information Sciences by 29.1% in the second quarter. Northern Trust Corp now owns 39,757 shares of the solar power supplier valued at $ 182,000 after purchasing an additional 8,953 shares during the period. Finally, Marshall Wace LLP purchased a new stake in Volt Information Sciences in the third quarter for a value of approximately $ 297,000. Institutional investors hold 26.36% of the shares of the company.
Company profile Volt Information Sciences
Volt Information Sciences, Inc. engages in the provision of staffing services. It operates in the following segments: North American Staffing and International Staffing, North American MSP and Enterprise and Others. The North American and International staffing segments provide expertise in workforce management, such as staffing, direct placement, staffing management and other employment services.
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