Notable Price Action: Volt Information Sciences, Inc. Rises A lot Today, Is Now One of The Best Performer

Notable Price Action: Volt Information Sciences, Inc. Rises A lot Today, Is Now One of The Best Performer

The stock of Volt Information Sciences, Inc. (NYSEMKT:VISI) is a huge mover today! The stock increased 3.46% or $0.22 on October 3, hitting $6.57. About 69,625 shares traded hands or 56.33% up from the average. Volt Information Sciences, Inc. (NYSEMKT:VISI) has declined 13.84% since February 29, 2016 and is downtrending. It has underperformed by 26.06% the S&P500.
The move comes after 6 months positive chart setup for the $132.68M company. It was reported on Oct, 4 by Barchart.com. We have $16.62 PT which if reached, will make NYSEMKT:VISI worth $203.00M more.

According to Zacks Investment Research, “Volt Information Sciences, Inc. is a leading national provider of Staffing Services and Telecommunications and Information Solutions with a Fortune hundred customer base. Operating through a network of over three hundred Volt Services Group branch offices, the Staffing Services segment fulfills IT and other technical, commercial and industrial placement requirements of its customers, on both a temporary and permanent basis. The Telecommunications and Information Solutions businesses, which include the Telecommunications Services, Computer Systems and Telephone Directory segments, provide complete telephone directory production and directory publishing; a full spectrum of telecommunications construction, installation and engineering services; and advanced information and operator services systems for telephone companies.”

Insitutional Activity: The institutional sentiment decreased to 0.86 in 2016 Q2. Its down 0.93, from 1.79 in 2016Q1. The ratio is negative, as 13 funds sold all Volt Information Sciences, Inc. shares owned while 15 reduced positions. 12 funds bought stakes while 12 increased positions. They now own 8.39 million shares or 3.21% less from 8.67 million shares in 2016Q1.
Renaissance Techs Llc holds 0% of its portfolio in Volt Information Sciences, Inc. (NYSEMKT:VISI) for 115,900 shares. New York State Common Retirement Fund accumulated 2,600 shares or 0% of the stock. Citadel Advisors Ltd Co accumulated 13,806 shares or 0% of the stock. Bridgeway Capital Incorporated reported 105,069 shares or 0.01% of all its holdings. The Germany-based Deutsche Comml Bank Ag has invested 0% in Volt Information Sciences, Inc. (NYSEMKT:VISI). Vanguard last reported 0% of its portfolio in the stock. Barclays Public Ltd has 0% invested in the company for 742 shares. Fincl Bank Of Montreal Can accumulated 500 shares or 0% of the stock. Lucus Advsr Limited Liability Corp, a New York-based fund reported 458,538 shares. Creative Planning has 0% invested in the company for 3,000 shares. Royal Bank & Trust Of Canada has 24,200 shares for 0% of their US portfolio. Geode Limited Liability has invested 0% of its portfolio in Volt Information Sciences, Inc. (NYSEMKT:VISI). Blackrock Fund Advisors, a California-based fund reported 29,616 shares. Cornerstone Cap Mgmt holds 10,400 shares or 0% of its portfolio. Panagora Asset Incorporated last reported 20,185 shares in the company.

Insider Transactions: Since June 13, 2016, the stock had 3 insider buys, and 0 insider sales for $61,135 net activity. Shares for $6,016 were bought by Cyprus Nick on Tuesday, June 28. $35,322 worth of Volt Information Sciences, Inc. (NYSEMKT:VISI) was bought by GOODMAN BRUCE G on Monday, June 13. Tomkins Paul bought $19,797 worth of stock or 3,300 shares.

More notable recent Volt Information Sciences, Inc. (NYSEMKT:VISI) news were published by: Marketwatch.com which released: “Volt Information Sciences Inc.” on April 16, 2011, also Businesswire.com with their article: “Volt Information Sciences to Host Third Quarter 2016 Earnings Conference Call …” published on August 25, 2016, Businesswire.com published: “Volt Information Sciences Reports Fiscal 2015 Fourth Quarter and Full Year …” on January 13, 2016. More interesting news about Volt Information Sciences, Inc. (NYSEMKT:VISI) were released by: Seekingalpha.com and their article: “Volt Information Sciences (VISI) CEO Michael Dean on Q2 2016 Results …” published on June 09, 2016 as well as Businesswire.com‘s news article titled: “Volt Information Sciences, Inc. Announces Further Strategic Divestitures of …” with publication date: August 06, 2015.

VISI Company Profile

Volt Information Sciences, Inc. (Volt), incorporated on March 6, 1957, is a well-known provider of staffing services managed service programs, technology outsourcing services and information technology infrastructure services. The Firm operates through two divisions: Staffing Services and Other. The Company’s staffing services consist of workforce solutions that include providing contingent workers, personnel recruitment services, and managed service programs supporting primarily professional administration, technical, information technology (IT), light-industrial and engineering positions. The Company’s managed service programs consist of managing the procurement and on-boarding of contingent workers from multiple providers. The Company’s technology outsourcing services provide pre and post production development, testing, and customer support to companies in the mobile, gaming and technology devices industries. In addition, the Company provides information technology infrastructure services, which offers server, storage, network and desktop information technology hardware maintenance, data center and network monitoring and operations. Volt services serves various industries, including aerospace, automotive, banking and finance, consumer electronics, information technology, insurance, life sciences, manufacturing, media and entertainment, pharmaceutical, software, telecommunications, transportation and utilities.

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