Renaissance Technologies LLC Buys 176,043 Shares of GEE Group Inc. (NYSE:JOB)

Renaissance Technologies LLC grew its position in shares of GEE Group Inc. (NYSE:JOB) by 17.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,163,672 shares of the company’s stock after buying an additional 176,043 shares during the period. Renaissance Technologies LLC’s holdings in GEE Group were worth $357,000 at the end of the most recent reporting period.

Separately, Alpha Cubed Investments LLC increased its position in shares of GEE Group by 9.7% during the second quarter. Alpha Cubed Investments LLC now owns 487,880 shares of the company’s stock valued at $150,000 after buying an additional 43,053 shares during the period. Institutional investors and hedge funds own 30.38% of the company’s stock.

GEE Group Price Performance

JOB opened at $0.26 on Friday. The business’s fifty day simple moving average is $0.26 and its 200 day simple moving average is $0.31. The stock has a market cap of $28.50 million, a PE ratio of 5.24 and a beta of 0.48. GEE Group Inc. has a 52 week low of $0.23 and a 52 week high of $0.60.

GEE Group (NYSE:JOB) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.04) EPS for the quarter. GEE Group had a negative return on equity of 3.89% and a negative net margin of 17.66%. The business had revenue of $29.46 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of GEE Group in a report on Saturday. They set a “buy” rating on the stock.

GEE Group 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.