U.S. Global Investors (NASDAQ:GROW) Now Covered by StockNews.com

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

U.S. Global Investors Stock Down 2.4 %

Shares of GROW stock opened at $2.40 on Monday. The firm has a market cap of $32.83 million, a price-to-earnings ratio of 24.60 and a beta of 1.85. U.S. Global Investors has a 12 month low of $2.38 and a 12 month high of $3.11. The stock has a 50-day moving average price of $2.52 and a 200 day moving average price of $2.58.

U.S. Global Investors (NASDAQ:GROWGet Free Report) last issued its earnings results on Tuesday, September 10th. The asset manager reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $2.44 million for the quarter. U.S. Global Investors had a net margin of 12.14% and a return on equity of 2.66%.

About U.S. Global Investors

(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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