Zacks Investment Research Upgrades GEE Group Inc (JOB) to “Hold”
GEE Group Inc (NYSEMKT:JOB) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday.
According to Zacks, “General Employment Enterprises, Inc. provides professional staffing services. They offer customers both full time placement and temporary contract staffing services, specializing in the placement of information technology, engineering and accounting professionals. “
Shares of GEE Group (NYSEMKT:JOB) traded up 1.24% during mid-day trading on Tuesday, hitting $4.91. 863 shares of the company traded hands. The firm’s 50 day moving average price is $5.39 and its 200-day moving average price is $4.66. GEE Group has a 1-year low of $3.56 and a 1-year high of $7.70. The stock’s market capitalization is $46.05 million.
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An institutional investor recently bought a new position in GEE Group stock. Granite Point Capital Management L.P. bought a new stake in GEE Group Inc (NYSEMKT:JOB) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 25,771 shares of the company’s stock, valued at approximately $109,000. Granite Point Capital Management L.P. owned about 0.27% of GEE Group as of its most recent SEC filing.
GEE Group Company Profile
GEE Group Inc, formerly General Employment Enterprises, Inc, provides permanent and temporary professional, industrial and physician assistant staffing and placement services. The Company operates through two segments: Contract staffing services and Direct hire placement services. It specializes in the placement of information technology, engineering, medical and accounting professionals for direct hire and contract staffing, and temporary staffing services in light industrial staffing.
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