GEE Group (NYSE:JOB) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of GEE Group (NYSE:JOB) in a research note issued to investors on Friday morning. The brokerage issued a buy rating on the stock.

GEE Group Trading Down 3.0 %

JOB opened at $0.32 on Friday. The business has a 50 day moving average of $0.36 and a 200-day moving average of $0.46. The stock has a market capitalization of $34.81 million, a price-to-earnings ratio of 4.57, a P/E/G ratio of 1.10 and a beta of 0.53. GEE Group has a 1-year low of $0.30 and a 1-year high of $0.63.

GEE Group (NYSE:JOB) last posted its quarterly earnings data on Tuesday, February 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.02). The company had revenue of $30.63 million for the quarter, compared to the consensus estimate of $36.17 million. GEE Group had a return on equity of 8.53% and a net margin of 5.08%. Equities analysts predict that GEE Group will post 0.02 EPS for the current year.

Hedge Funds Weigh In On GEE Group

A hedge fund recently bought a new stake in GEE Group stock. Cable Car Capital LLC acquired a new position in shares of GEE Group Inc. (NYSE:JOB) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,683,792 shares of the company’s stock, valued at approximately $2,843,000. GEE Group makes up 3.2% of Cable Car Capital LLC’s holdings, making the stock its 12th largest position. Cable Car Capital LLC owned about 5.23% of GEE Group as of its most recent filing with the Securities & Exchange Commission. 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.