Zacks Investment Research upgraded shares of GEE Group (NYSEAMERICAN:JOB) from a sell rating to a hold rating in a report issued on Saturday.

According to Zacks, “GEE Group Inc. is a provider of professional staffing services and solutions. GEE Group Inc., formerly known as General Employment Enterprises, Inc., is based in Naperville, Illinois. “

Separately, Maxim Group reduced their target price on GEE Group from $10.00 to $8.00 and set a buy rating on the stock in a report on Tuesday, October 10th.

GEE Group (NYSEAMERICAN JOB) traded down $0.01 during trading hours on Friday, hitting $2.69. The stock had a trading volume of 4,310 shares, compared to its average volume of 24,746. GEE Group has a 1-year low of $2.45 and a 1-year high of $7.00. The company has a market cap of $26.60, a price-to-earnings ratio of -11.21 and a beta of 0.04.

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 return on equity of 67.72% and a net margin of 8.04%.

In other GEE Group news, Director Arthur B. Laffer bought 12,289 shares of GEE Group stock in a transaction on Wednesday, January 10th. The shares were purchased at an average cost of $2.59 per share, for a total transaction of $31,828.51. Following the completion of the acquisition, the director now owns 90,160 shares in the company, valued at approximately $233,514.40. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

An institutional investor recently bought a new position in GEE Group stock. Stratos Wealth Partners LTD. purchased a new stake in GEE Group Inc (NYSEAMERICAN:JOB) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 150,000 shares of the company’s stock, valued at approximately $443,000. Stratos Wealth Partners LTD. owned 1.52% of GEE Group at the end of the most recent quarter.

TRADEMARK VIOLATION NOTICE: This article was first published by Daily Political and is owned by of Daily Political. If you are reading this article on another website, it was stolen and reposted in violation of United States & international copyright legislation. The correct version of this article can be read at https://www.dailypolitical.com/2018/01/21/zacks-investment-research-upgrades-gee-group-job-to-hold.html.

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.

Get a free copy of the Zacks research report on GEE Group (JOB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for GEE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GEE Group and related companies with MarketBeat.com's FREE daily email newsletter.