GEE Group (NYSE:JOB) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of GEE Group (NYSE:JOB) in a report published on Sunday morning. The firm issued a buy rating on the stock.

GEE Group Price Performance

NYSE:JOB opened at $0.32 on Friday. GEE Group has a 1-year low of $0.30 and a 1-year high of $0.63. The company has a market capitalization of $35.24 million, a price-to-earnings ratio of 4.63, a PEG ratio of 1.07 and a beta of 0.55. The business has a 50 day moving average of $0.35 and a 200 day moving average of $0.44.

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, sell-side analysts anticipate 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) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 5,683,792 shares of the company’s stock, valued at approximately $2,843,000. GEE Group makes up approximately 3.2% of Cable Car Capital LLC’s portfolio, making the stock its 12th largest holding. Cable Car Capital LLC owned 5.23% of GEE Group as of its most recent SEC filing. Institutional investors and hedge funds own 30.38% of the company’s stock.

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.