Shares of TrueBlue, Inc. (NYSE:TBI - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $6.15 and traded as high as $7.41. TrueBlue shares last traded at $7.36, with a volume of 106,896 shares traded.
TrueBlue Stock Performance
The company has a 50-day moving average price of $6.48 and a two-hundred day moving average price of $6.15. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $219.68 million, a P/E ratio of -1.60 and a beta of 1.53.
TrueBlue (NYSE:TBI - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The business services provider reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.17). The business had revenue of $370.25 million during the quarter, compared to the consensus estimate of $362.37 million. TrueBlue had a negative return on equity of 8.25% and a negative net margin of 9.02%. On average, equities analysts forecast that TrueBlue, Inc. will post 0.15 earnings per share for the current year.
Institutional Trading of TrueBlue
Several large investors have recently made changes to their positions in TBI. GAMMA Investing LLC grew its stake in shares of TrueBlue by 217.2% in the 1st quarter. GAMMA Investing LLC now owns 8,135 shares of the business services provider's stock valued at $43,000 after buying an additional 5,570 shares during the period. XTX Topco Ltd acquired a new position in TrueBlue during the 1st quarter valued at about $86,000. Kapitalo Investimentos Ltda acquired a new position in TrueBlue during the 2nd quarter valued at about $88,000. AE Wealth Management LLC boosted its stake in TrueBlue by 55.2% during the 1st quarter. AE Wealth Management LLC now owns 19,616 shares of the business services provider's stock valued at $104,000 after purchasing an additional 6,973 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in TrueBlue during the 4th quarter valued at about $116,000. 97.15% of the stock is currently owned by institutional investors and hedge funds.
TrueBlue Company Profile
(
Get Free Report)
TrueBlue, Inc, together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries.
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