India, June 17 -- BGSF, Inc. (BGSF) is trading at $5.54, up 37.81 percent, or $1.52, on Tuesday possibly after the company announced yesterday a definitive agreement to sell its Professional Division to INSPYR Solutions for $99 million in cash.
The stock opened at $5.60 and has ranged between $5.10 and $5.99 today on the New York Stock Exchange. Trading volume has surged to 1.58 million shares, well above the average of 44,276. The 52-week range is $2.91 to $9.22.
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The deal, which includes BGSF's IT Consulting, Finance and Accounting, Managed Solutions, and Near and Offshore Software Engineering practices, is expected to close in the second half of 2025, ...