StockNews.com Initiates Coverage on U.S. Global Investors (NASDAQ:GROW)

Research analysts at StockNews.com initiated coverage on shares of U.S. Global Investors (NASDAQ:GROWGet Free Report) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the asset manager’s stock.

U.S. Global Investors Stock Performance

Shares of GROW stock opened at $2.43 on Wednesday. U.S. Global Investors has a 52 week low of $2.38 and a 52 week high of $3.11. The stock’s fifty day moving average is $2.49 and its 200-day moving average is $2.56. The stock has a market capitalization of $32.88 million, a PE ratio of 18.69 and a beta of 1.85.

U.S. Global Investors (NASDAQ:GROWGet Free Report) last released its quarterly earnings results on Tuesday, September 10th. The asset manager reported $0.02 earnings per share for the quarter. The business had revenue of $2.44 million during the quarter. U.S. Global Investors had a return on equity of 3.68% and a net margin of 18.23%.

U.S. Global Investors Company Profile

(Get Free Report)

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.

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