Shares of ShiftPixy Inc (NASDAQ:PIXY) were down 10.8% during mid-day trading on Monday . The stock traded as low as $1.04 and last traded at $1.07. Approximately 2,705,098 shares changed hands during mid-day trading, an increase of 576% from the average daily volume of 400,301 shares. The stock had previously closed at $1.20.
The company has a market cap of $33.29 million, a PE ratio of -1.84 and a beta of 1.29.
ShiftPixy (NASDAQ:PIXY) last issued its earnings results on Friday, January 11th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.11. The firm had revenue of $10.52 million during the quarter, compared to the consensus estimate of $12.38 million. As a group, analysts forecast that ShiftPixy Inc will post -0.11 earnings per share for the current fiscal year.
ShiftPixy Company Profile (NASDAQ:PIXY)
ShiftPixy, Inc provides employment services for businesses; and workers in shift or other part-time/temporary positions in the United States. The company also operates as a payroll processor, human resources consultant, and administrator of workers' compensation coverages and claims. It primarily serves restaurant, hospitality, and maintenance service industries.
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