StockNews.com initiated coverage on shares of U.S. Global Investors (NASDAQ:GROW – Get Free Report) in a report issued on Thursday. The brokerage set a “hold” rating on the asset manager’s stock.
U.S. Global Investors Stock Down 0.8 %
GROW stock opened at $2.43 on Thursday. The company has a market cap of $32.88 million, a P/E ratio of 18.69 and a beta of 1.85. U.S. Global Investors has a twelve month low of $2.38 and a twelve month high of $3.11. The business has a fifty day moving average of $2.48 and a 200-day moving average of $2.56.
U.S. Global Investors (NASDAQ:GROW – Get Free Report) last released its quarterly earnings data on Tuesday, September 10th. The asset manager reported $0.02 EPS 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%.
About U.S. Global Investors
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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