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TrueBlue Stock Bullish Momentum With A 9% Rise So Far On Monday

(VIANEWS) – Shares of TrueBlue (NYSE: TBI) rose 9.73% to $17.60 at 11:50 EST on Monday, following the last session’s downward trend. NYSE is falling 0.13% to $15,303.91, following the last session’s downward trend. This seems, up to now, a somewhat negative trend trading session today.

TrueBlue’s last close was $16.04, 30.14% below its 52-week high of $22.96.

About TrueBlue

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's PeopleReady segment provides general, industrial, and skilled trade staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries. Its PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehouse, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The company's PeopleScout segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform which uses artificial intelligence and machine learning for real-time insights; and contingent labor programs including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company is headquartered in Tacoma, Washington.

Earnings Per Share

As for profitability, TrueBlue has a trailing twelve months EPS of $1.43.

PE Ratio

TrueBlue has a trailing twelve months price to earnings ratio of 12.31. Meaning, the purchaser of the share is investing $12.31 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.15%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 15.6%, now sitting on 2.17B for the twelve trailing months.

Volatility

TrueBlue’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.91%, a negative 0.43%, and a positive 1.38%.

TrueBlue’s highest amplitude of average volatility was 1.68% (last week), 1.63% (last month), and 1.38% (last quarter).

More news about TrueBlue (TBI).

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