HireQuest, Inc. Enters Definitive Agreement to Acquire Assets of MRINetwork
HireQuest, Inc. (HQI)
Company Research
Source: Accesswire
Acquisition Will Add 232 Franchises Focused on Executive Search and Professional Staffing ServicesGOOSE CREEK, SC / ACCESSWIRE / November 16, 2022 / HireQuest, Inc. (Nasdaq:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, today announced that it has entered into a definitive agreement to acquire certain assets of MRINetwork, ("MRI") (mrinetwork.com), the third-largest executive recruiting network in the world, headquartered in Delray Beach, Florida, for approximately $13.5 million before working capital adjustments. The assets include MRI's 232 franchise offices in the U.S. and internationally, which generated approximately $283 million in systemwide sales and standalone adjusted EBITDA of $1.9 million for the trailing 12-month period ended September 30, 2022.Rick Hermanns, HireQuest's President and Chief Executive Officer, commented, "MRI is recognized as one of the top permanent placement executive search and professional staffing n
Show less
Read more
Impact Snapshot
Event Time:
HQI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HQI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HQI alerts
High impacting HireQuest, Inc. news events
Weekly update
A roundup of the hottest topics
HQI
News
- HireQuest, Inc. (NASDAQ: HQI) had its price target lowered by analysts at Barrington Research from $21.00 to $19.00. They now have an "outperform" rating on the stock.MarketBeat
- Earnings Beat: HireQuest, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]Yahoo! Finance
- HireQuest, Inc. (NASDAQ: HQI) had its price target lowered by analysts at DA Davidson from $25.00 to $23.00. They now have a "buy" rating on the stock.MarketBeat
- HireQuest, Inc. (NASDAQ:HQI) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- HireQuest Reports Financial Results for Fourth Quarter and Year End 2023 [Yahoo! Finance]Yahoo! Finance
HQI
Earnings
- 3/21/24 - Beat
HQI
Sec Filings
- 4/2/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- HQI's page on the SEC website