StockNews.com Initiates Coverage on GEE Group (NYSE:JOB)

Equities research analysts at StockNews.com initiated coverage on shares of GEE Group (NYSE:JOBGet Free Report) in a report issued on Tuesday. The firm set a “buy” rating on the stock.

GEE Group Stock Up 0.2 %

Shares of NYSE:JOB opened at $0.21 on Tuesday. The business’s 50 day moving average is $0.24 and its 200 day moving average is $0.27. GEE Group has a 12-month low of $0.20 and a 12-month high of $0.51. The stock has a market cap of $22.65 million, a price-to-earnings ratio of -1.03 and a beta of 0.54.

Institutional Trading of GEE Group

An institutional investor recently raised its position in GEE Group stock. Renaissance Technologies LLC grew its position in shares of GEE Group Inc. (NYSE:JOBFree Report) by 17.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,163,672 shares of the company’s stock after buying an additional 176,043 shares during the quarter. Renaissance Technologies LLC owned 1.07% of GEE Group worth $357,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 30.38% of the company’s stock.

GEE Group Company Profile

(Get Free Report)

GEE Group Inc provides permanent and temporary professional and industrial staffing and placement services in the United States. The company operates through two segments, Industrial Staffing Services and Professional Staffing Services. It offers placement of information technology, accounting, finance, office, engineering, engineering professionals for direct hire and contract staffing services, and data entry assistants; and temporary staffing services for industrial clients.

Featured Stories

Receive News & Ratings for GEE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GEE Group and related companies with MarketBeat.com's FREE daily email newsletter.