GEE Group (NYSE:JOB) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of GEE Group (NYSE:JOB) in a research note released on Sunday morning. The firm issued a buy rating on the stock.

GEE Group Trading Down 3.6 %

Shares of JOB stock opened at $0.23 on Friday. GEE Group has a 12-month low of $0.20 and a 12-month high of $0.51. The stock has a market capitalization of $24.99 million, a P/E ratio of -1.04 and a beta of 0.60. The firm’s 50 day moving average is $0.24 and its 200 day moving average is $0.25.

Insider Buying and Selling

In other GEE Group news, Director John Randall Waterfield acquired 131,779 shares of the stock in a transaction dated Tuesday, January 14th. The shares were purchased at an average price of $0.24 per share, for a total transaction of $31,626.96. Following the purchase, the director now directly owns 936,779 shares of the company’s stock, valued at approximately $224,826.96. This trade represents a 16.37 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 16.72% of the stock is currently owned by corporate insiders.

About GEE Group

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.