GEE Group Inc. (NYSE:JOB) Director John Randall Waterfield Buys 131,779 Shares

GEE Group Inc. (NYSE:JOB) Director John Randall Waterfield purchased 131,779 shares of the business’s stock in a transaction on Tuesday, January 14th. The stock was purchased at an average price of $0.24 per share, for a total transaction of $31,626.96. Following the acquisition, the director now owns 936,779 shares of the company’s stock, valued at approximately $224,826.96. This represents a 16.37 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

GEE Group Trading Up 14.8 %

JOB opened at $0.28 on Friday. GEE Group Inc. has a 1-year low of $0.20 and a 1-year high of $0.51. The company has a market cap of $30.77 million, a price-to-earnings ratio of -1.28 and a beta of 0.60. The company’s fifty day moving average price is $0.24 and its two-hundred day moving average price is $0.26.

Analyst Ratings Changes

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

Institutional Investors Weigh In On GEE Group

An institutional investor recently raised its position in GEE Group stock. Raffles Associates LP grew its stake in shares of GEE Group Inc. (NYSE:JOB) by 1.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 9,499,638 shares of the company’s stock after purchasing an additional 150,873 shares during the period. GEE Group comprises approximately 3.3% of Raffles Associates LP’s portfolio, making the stock its 11th biggest position. Raffles Associates LP owned about 8.73% of GEE Group worth $2,913,000 as of its most recent SEC filing. 30.38% of the stock is currently owned by institutional investors and hedge funds.

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.