GEE Group (NYSE:JOB) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of GEE Group (NYSE:JOB) in a note issued to investors on Friday. The firm set a “buy” rating on the stock.

GEE Group Trading Down 2.1 %

JOB opened at $0.25 on Friday. The company has a market cap of $27.46 million, a P/E ratio of -1.26 and a beta of 0.48. The business’s 50-day moving average price is $0.26 and its 200-day moving average price is $0.29. GEE Group has a 12 month low of $0.23 and a 12 month high of $0.55.

Institutional Trading of GEE Group

Several large investors have recently modified their holdings of the business. Raffles Associates LP grew its stake in shares of GEE Group by 1.6% in the second quarter. Raffles Associates LP now owns 9,499,638 shares of the company’s stock worth $2,913,000 after purchasing an additional 150,873 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of GEE Group by 17.8% in the second quarter. Renaissance Technologies LLC now owns 1,163,672 shares of the company’s stock worth $357,000 after purchasing an additional 176,043 shares during the last quarter. Finally, Alpha Cubed Investments LLC grew its stake in shares of GEE Group by 9.7% in the second quarter. Alpha Cubed Investments LLC now owns 487,880 shares of the company’s stock worth $150,000 after purchasing an additional 43,053 shares during the last quarter. 30.38% of the stock is owned by institutional investors.

GEE Group Company Profile

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.