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

Stock analysts at StockNews.com started coverage on shares of GEE Group (NYSE:JOB) in a report issued on Sunday. The firm set a “buy” rating on the stock.

GEE Group Stock Performance

Shares of NYSE JOB opened at $0.32 on Friday. GEE Group has a one year low of $0.30 and a one year high of $0.63. The firm has a market capitalization of $34.71 million, a PE ratio of 4.56, a PEG ratio of 1.07 and a beta of 0.55. The business has a 50-day moving average price of $0.35 and a two-hundred day moving average price of $0.44.

GEE Group (NYSE:JOB) last announced its quarterly earnings data on Tuesday, February 13th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). GEE Group had a return on equity of 8.53% and a net margin of 5.08%. The business had revenue of $30.63 million for the quarter, compared to analyst estimates of $36.17 million. Research analysts anticipate that GEE Group will post 0.02 EPS for the current year.

Institutional Investors Weigh In On GEE Group

An institutional investor recently bought a new position in GEE Group stock. Cable Car Capital LLC acquired a new position in shares of GEE Group Inc. (NYSE:JOB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,683,792 shares of the company’s stock, valued at approximately $2,843,000. GEE Group accounts for approximately 3.2% of Cable Car Capital LLC’s portfolio, making the stock its 12th biggest holding. Cable Car Capital LLC owned 5.23% of GEE Group at the end of the most recent quarter. 30.38% of the stock is owned by hedge funds and other 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.