A Director at BG Staffing (NYSE MKT: BGSF) is Buying Shares

By Carrie Williams

Yesterday, a Director at BG Staffing (BGSFResearch Report), Allen Baker, bought shares of BGSF for $16.62K.

This recent transaction increases Allen Baker’s holding in the company by 1.7% to a total of $1.13 million.

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Based on BG Staffing’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $73.86 million and quarterly net profit of $3.8 million. In comparison, last year the company earned revenue of $70.95 million and had a net profit of $5.17 million. The company has a one-year high of $28.51 and a one-year low of $15.91. Currently, BG Staffing has an average volume of 68.31K.

Allen Baker’s trades have generated a 8.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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BG Staffing, Inc. engages in the provision of staffing services. It operates through the following segments: Real Estate, Professional, and Light Industrial. The Real Estate segment provides office and maintenance field talent to apartment communities and commercial buildings.