GEE Group (JOB) Given a $8.00 Price Target by Maxim Group Analysts

GEE Group (NYSEAMERICAN:JOB) received a $8.00 price objective from equities research analysts at Maxim Group in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock. Maxim Group’s price objective suggests a potential upside of 195.20% from the company’s current price.

Separately, Zacks Investment Research upgraded shares of GEE Group from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th.

GEE Group (NYSEAMERICAN JOB) traded up $0.03 during midday trading on Wednesday, hitting $2.71. 771 shares of the company were exchanged, compared to its average volume of 15,907. The firm has a market capitalization of $26.68, a price-to-earnings ratio of -11.29 and a beta of 0.23. GEE Group has a fifty-two week low of $2.45 and a fifty-two week high of $7.00.

GEE Group (NYSEAMERICAN:JOB) last posted its quarterly earnings results on Thursday, December 28th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.01. GEE Group had a net margin of 8.04% and a return on equity of 67.72%.

In other news, Director Arthur B. Laffer acquired 12,289 shares of the firm’s stock in a transaction that occurred on Wednesday, January 10th. The stock was purchased at an average price of $2.59 per share, with a total value of $31,828.51. Following the purchase, the director now owns 90,160 shares of the company’s stock, valued at approximately $233,514.40. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Several large investors have recently modified their holdings of JOB. Stratos Wealth Partners LTD. bought a new position in shares of GEE Group during the 3rd quarter valued at $443,000. Wells Fargo & Company MN bought a new position in shares of GEE Group during the 4th quarter valued at $250,000. Finally, Vanguard Group Inc. raised its holdings in shares of GEE Group by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 77,099 shares of the company’s stock valued at $399,000 after purchasing an additional 2,049 shares in the last quarter.

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About GEE Group

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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