StockNews.com started coverage on shares of GEE Group (NYSE:JOB – Free Report) in a research note issued to investors on Sunday. The firm issued a buy rating on the stock.
GEE Group Stock Down 2.6 %
Shares of JOB stock opened at $0.31 on Friday. The company has a market capitalization of $33.35 million, a P/E ratio of 6.13 and a beta of 0.46. GEE Group has a 12-month low of $0.24 and a 12-month high of $0.63. The firm has a 50-day moving average price of $0.33 and a 200 day moving average price of $0.39.
Insider Transactions at GEE Group
In other GEE Group news, Director John Randall Waterfield purchased 99,121 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The stock was purchased at an average cost of $0.36 per share, with a total value of $35,683.56. Following the acquisition, the director now directly owns 454,121 shares of the company’s stock, valued at approximately $163,483.56. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders have acquired 535,612 shares of company stock valued at $196,161 in the last three months. 14.60% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On GEE Group
About GEE Group
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.
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