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

Analysts at StockNews.com started coverage on shares of GEE Group (NYSE:JOB) in a research report issued to clients and investors on Saturday. The firm set a “buy” rating on the stock.

GEE Group Stock Performance

Shares of NYSE:JOB opened at $0.32 on Friday. The stock’s 50-day moving average price is $0.36 and its 200-day moving average price is $0.46. GEE Group has a 12-month low of $0.30 and a 12-month high of $0.63. The stock has a market capitalization of $34.83 million, a P/E ratio of 4.57, a price-to-earnings-growth ratio of 1.10 and a beta of 0.53.

GEE Group (NYSE:JOB) last announced its quarterly earnings data on Tuesday, February 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). GEE Group had a net margin of 5.08% and a return on equity of 8.53%. The company had revenue of $30.63 million for the quarter, compared to the consensus estimate of $36.17 million. As a group, research analysts predict that GEE Group will post 0.02 EPS for the current year.

Institutional Trading of GEE Group

An institutional investor recently bought a new position in GEE Group stock. Cable Car Capital LLC bought a new position in GEE Group Inc. (NYSE:JOB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,683,792 shares of the company’s stock, valued at approximately $2,843,000. GEE Group comprises about 3.2% of Cable Car Capital LLC’s investment portfolio, making the stock its 12th biggest position. Cable Car Capital LLC owned approximately 5.23% of GEE Group as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 30.38% of the company’s stock.

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.