GEE Group Inc (NYSEAMERICAN:JOB) – Seethru Equity lifted their FY2018 EPS estimates for shares of GEE Group in a report released on Tuesday. Seethru Equity analyst A. Tandon now forecasts that the company will earn ($0.45) per share for the year, up from their previous forecast of ($0.78).
GEE Group (NYSEAMERICAN:JOB) last issued its quarterly earnings results on Thursday, December 28th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.01. GEE Group had a negative net margin of 13.07% and a negative return on equity of 105.18%.
Shares of GEE Group (NYSEAMERICAN:JOB) traded down $0.12 during trading hours on Friday, hitting $2.69. 12,600 shares of the company were exchanged, compared to its average volume of 27,533. The company has a market capitalization of $25.69, a price-to-earnings ratio of -11.21 and a beta of 0.04. GEE Group has a fifty-two week low of $2.45 and a fifty-two week high of $7.00.
An institutional investor recently raised its position in GEE Group stock. Vanguard Group Inc. lifted its position in shares of GEE Group Inc (NYSEAMERICAN:JOB) by 2.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 77,099 shares of the company’s stock after acquiring an additional 2,049 shares during the period. Vanguard Group Inc. owned 0.78% of GEE Group worth $399,000 as of its most recent filing with the SEC.
In other GEE Group news, Director Arthur B. Laffer bought 12,289 shares of the stock in a transaction on Wednesday, January 10th. The stock was purchased at an average price of $2.59 per share, for a total transaction of $31,828.51. Following the completion of the purchase, the director now directly owns 90,160 shares in the company, valued at $233,514.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
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GEE Group Company Profile
GEE Group Inc, formerly General Employment Enterprises, Inc, is a provider of specialized staffing solutions. The Company operates through two segments: contract staffing services and direct hire placement. The Company’s professional staffing services provide information technology, engineering, medical and accounting professionals to clients on either a regular placement basis or a temporary contract basis.
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