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

Posted by Tech Dows on Feb 28th, 2025

StockNews.com started coverage on shares of GEE Group (NYSE:JOB – Free Report) in a research note released on Tuesday morning. The brokerage issued a buy rating on the stock.

GEE Group Price Performance

Shares of JOB opened at $0.23 on Tuesday. The company’s fifty day moving average price is $0.23 and its 200-day moving average price is $0.25. GEE Group has a 1-year low of $0.20 and a 1-year high of $0.51. The firm has a market capitalization of $24.66 million, a PE ratio of -1.02 and a beta of 0.60.

Insider Activity

In other GEE Group news, Director John Randall Waterfield acquired 131,779 shares of the firm’s stock in a transaction on Tuesday, January 14th. The stock was acquired at an average cost of $0.24 per share, for a total transaction of $31,626.96. Following the purchase, the director now owns 936,779 shares in the company, valued at approximately $224,826.96. The trade was a 16.37 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 16.72% of the company’s stock.

Hedge Funds Weigh In On GEE Group

An institutional investor recently raised its position in GEE Group stock. NewEdge Advisors LLC grew its stake in GEE Group Inc. (NYSE:JOB – Free Report) by 16.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 623,748 shares of the company’s stock after purchasing an additional 88,900 shares during the period. NewEdge Advisors LLC owned about 0.57% of GEE Group worth $129,000 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

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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.