StockNews.com started coverage on shares of GEE Group (NYSE:JOB – Free Report) in a research note issued to investors on Saturday. The brokerage issued a buy rating on the stock.
GEE Group Price Performance
JOB opened at $0.28 on Friday. The firm has a 50-day simple moving average of $0.31 and a two-hundred day simple moving average of $0.34. GEE Group has a 52 week low of $0.24 and a 52 week high of $0.63. The company has a market capitalization of $30.40 million, a PE ratio of 5.59 and a beta of 0.54.
Insider Buying and Selling at GEE Group
In related news, Director John Randall Waterfield acquired 150,000 shares of the company’s stock in a transaction on Friday, May 31st. The stock was acquired at an average price of $0.37 per share, with a total value of $55,500.00. Following the acquisition, the director now directly owns 655,000 shares of the company’s stock, valued at $242,350. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders purchased 485,421 shares of company stock valued at $178,452 in the last 90 days. Insiders own 14.60% of the company’s stock.
Institutional Trading of 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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