StockNews.com Initiates Coverage on U.S. Global Investors (NASDAQ:GROW)

Stock analysts at StockNews.com assumed coverage on shares of U.S. Global Investors (NASDAQ:GROW) in a report issued on Tuesday. The brokerage set a “hold” rating on the asset manager’s stock.

U.S. Global Investors Stock Performance

Shares of NASDAQ GROW opened at $2.42 on Tuesday. The company has a market capitalization of $32.73 million, a P/E ratio of 18.62 and a beta of 1.83. The stock has a 50 day moving average of $2.44 and a 200-day moving average of $2.52. U.S. Global Investors has a 12 month low of $2.38 and a 12 month high of $2.95.

About U.S. Global Investors

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.