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

Investment analysts at StockNews.com started coverage on shares of GEE Group (NYSE:JOB) in a research report issued to clients and investors on Sunday. The brokerage set a “buy” rating on the stock.

GEE Group Stock Performance

NYSE:JOB opened at $0.32 on Friday. The company has a market capitalization of $34.80 million, a price-to-earnings ratio of 4.57, a price-to-earnings-growth ratio of 1.06 and a beta of 0.55. GEE Group has a one year low of $0.30 and a one year high of $0.63. The stock has a 50-day simple moving average of $0.35 and a 200 day simple moving average of $0.45.

GEE Group (NYSE:JOB) last issued its earnings results on Tuesday, February 13th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). GEE Group had a return on equity of 8.53% and a net margin of 5.08%. The firm had revenue of $30.63 million during the quarter, compared to analyst estimates of $36.17 million. On average, equities research analysts forecast that GEE Group will post 0.02 EPS for the current fiscal year.

Institutional Trading of GEE Group

An institutional investor recently bought a new position in GEE Group stock. Cable Car Capital LLC acquired a new stake in shares of GEE Group Inc. (NYSE:JOB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,683,792 shares of the company’s stock, valued at approximately $2,843,000. GEE Group comprises about 3.2% of Cable Car Capital LLC’s holdings, making the stock its 12th largest holding. Cable Car Capital LLC owned 5.23% of GEE Group at the end of the most recent reporting period. 30.38% of the stock is currently owned by institutional investors and hedge funds.

About GEE Group

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.