StockNews.com started coverage on shares of GEE Group (NYSE:JOB – Free Report) in a research note released on Thursday morning. The brokerage issued a buy rating on the stock.
GEE Group Trading Down 4.0 %
GEE Group stock opened at $0.21 on Thursday. The stock has a market cap of $22.47 million, a P/E ratio of -0.93 and a beta of 0.52. The company has a 50-day moving average price of $0.24 and a 200 day moving average price of $0.24. GEE Group has a 12-month low of $0.20 and a 12-month high of $0.51.
Insiders Place Their Bets
In related news, Director John Randall Waterfield purchased 131,779 shares of the company’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 completion of the transaction, the director now directly owns 936,779 shares in the company, valued at approximately $224,826.96. The trade was a 16.37 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 16.72% of the stock is owned by insiders.
Institutional Investors 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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