Volt Information Sciences (NYSEAMERICAN:VISI) Stock Passes Above 200 Day Moving Average of $0.00

Volt Information Sciences, Inc. (NYSEAMERICAN:VISI) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $4.39. Volt Information Sciences shares last traded at $4.39, with a volume of 100 shares traded.

Separately, Zacks Investment Research lowered Volt Information Sciences from a “buy” rating to a “hold” rating in a report on Wednesday, June 5th.

Volt Information Sciences (NYSEAMERICAN:VISI) last posted its earnings results on Wednesday, June 5th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.34) by $0.13. The business had revenue of $252.07 million for the quarter, compared to analysts’ expectations of $257.75 million.

Hedge funds have recently modified their holdings of the stock. Prescott Group Capital Management L.L.C. grew its stake in Volt Information Sciences by 89.6% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 356,286 shares of the company’s stock worth $766,000 after purchasing an additional 168,366 shares during the period. ARS Investment Partners LLC grew its stake in shares of Volt Information Sciences by 6.7% in the fourth quarter. ARS Investment Partners LLC now owns 1,210,749 shares of the company’s stock worth $2,603,000 after acquiring an additional 76,444 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Volt Information Sciences by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,214,763 shares of the company’s stock worth $2,612,000 after acquiring an additional 5,875 shares during the last quarter.

Volt Information Sciences Company Profile (NYSEAMERICAN:VISI)

Volt Information Sciences, Inc provides traditional time, materials-based, and project-based staffing services. The company operates through North American Staffing, International Staffing, and North American Managed Service Program (MSP) segments. It provides contingent staffing, direct placement, personnel recruitment, recruitment process outsourcing, 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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