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

StockNews.com started coverage on shares of GEE Group (NYSE:JOB) in a research report report published on Sunday morning. The firm issued a buy rating on the stock.

GEE Group Price Performance

Shares of JOB opened at $0.24 on Friday. GEE Group has a 1-year low of $0.22 and a 1-year high of $0.55. The stock has a market cap of $26.43 million, a PE ratio of -1.22 and a beta of 0.54. The firm has a fifty day moving average price of $0.25 and a 200 day moving average price of $0.28.

Institutional Investors Weigh In On GEE Group

An institutional investor recently raised its position in GEE Group stock. Renaissance Technologies LLC grew its position in GEE Group Inc. (NYSE:JOB) by 17.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,163,672 shares of the company’s stock after acquiring an additional 176,043 shares during the period. Renaissance Technologies LLC owned about 1.07% of GEE Group worth $357,000 at the end of the most recent quarter. Institutional investors and hedge funds own 30.38% of the company’s stock.

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.