GEE Group (NYSE:JOB) Stock Price Down 0% – What’s Next?

GEE Group Inc. (NYSE:JOB)’s share price dropped 0% during trading on Thursday . The stock traded as low as $0.2050 and last traded at $0.21. Approximately 261,380 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 889,213 shares. The stock had previously closed at $0.2101.

GEE Group Price Performance

The firm has a 50-day moving average of $0.23 and a 200-day moving average of $0.23. The stock has a market cap of $23.07 million, a PE ratio of -0.95 and a beta of 0.63.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Focus Partners Wealth grew its holdings in GEE Group by 98.5% during the 3rd quarter. Focus Partners Wealth now owns 149,077 shares of the company’s stock valued at $31,000 after buying an additional 73,993 shares in the last quarter. Citadel Advisors LLC lifted its holdings in shares of GEE Group by 62.7% in the third quarter. Citadel Advisors LLC now owns 183,789 shares of the company’s stock worth $38,000 after buying an additional 70,842 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of GEE Group during the first quarter worth $121,000. Arete Wealth Advisors LLC bought a new position in shares of GEE Group during the first quarter worth $208,000. Finally, Renaissance Technologies LLC boosted its position in shares of GEE Group by 64.7% during the first quarter. Renaissance Technologies LLC now owns 1,288,926 shares of the company’s stock worth $309,000 after acquiring an additional 506,185 shares during the last quarter. 30.38% of the stock is currently owned by institutional investors.

About GEE Group

GEE Group Inc (NYSE: JOB) is a workforce management firm that provides staffing, consulting and managed services across a range of industries. The company places professionals on a temporary, contract-to-hire and direct-hire basis, serving sectors such as industrial and manufacturing, logistics and transportation, energy and utilities, government, and professional services. GEE Group’s staffing capabilities extend from entry-level positions to specialized technical and engineering roles.

In addition to traditional staffing solutions, GEE Group offers managed workforce programs designed to streamline talent acquisition and workforce administration for large-scale projects.