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

Posted by Joseph McCarthy on Jan 18th, 2025

StockNews.com began coverage on shares of GEE Group (NYSE:JOB – Get Free Report) in a report released on Thursday. The brokerage set a “buy” rating on the stock.

GEE Group Trading Down 6.1 %

JOB stock opened at $0.26 on Thursday. The stock has a market cap of $28.88 million, a price-to-earnings ratio of -1.20 and a beta of 0.60. The business’s 50-day moving average is $0.24 and its 200 day moving average is $0.26. GEE Group has a 12-month low of $0.20 and a 12-month high of $0.51.

Insider Transactions at GEE Group

In related news, Director John Randall Waterfield bought 131,779 shares of the stock in a transaction dated Tuesday, January 14th. The shares were acquired at an average cost of $0.24 per share, for a total transaction of $31,626.96. Following the acquisition, the director now directly owns 936,779 shares in the company, valued at approximately $224,826.96. This trade represents a 16.37 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 16.72% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in GEE Group stock. Renaissance Technologies LLC increased its position in shares of GEE Group Inc. (NYSE:JOB – Free Report) by 17.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,163,672 shares of the company’s stock after buying an additional 176,043 shares during the quarter. Renaissance Technologies LLC owned about 1.07% of GEE Group worth $357,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 30.38% of the company’s stock.

GEE Group Company Profile

(Get Free Report)

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.