GEE Group Inc. (NYSE:JOB – Get Free Report) passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $6.53 and traded as high as $6.80. GEE Group shares last traded at $6.62, with a volume of 80,716 shares trading hands.
GEE Group Price Performance
The firm has a market cap of $24.22 million, a P/E ratio of -30.09 and a beta of 0.67. The stock’s 50 day moving average is $6.53 and its two-hundred day moving average is $6.85.
Institutional Trading of GEE Group
Several institutional investors have recently bought and sold shares of JOB. Raffles Associates LP bought a new position in shares of GEE Group during the second quarter valued at $1,974,000. Cable Car Capital LP acquired a new stake in shares of GEE Group during the 2nd quarter worth about $1,451,000. Renaissance Technologies LLC lifted its holdings in GEE Group by 64.7% during the 1st quarter. Renaissance Technologies LLC now owns 1,288,926 shares of the company’s stock valued at $309,000 after purchasing an additional 506,185 shares during the last quarter. Arete Wealth Advisors LLC bought a new position in GEE Group during the 1st quarter valued at about $208,000. Finally, NewEdge Advisors LLC acquired a new position in GEE Group in the first quarter valued at about $121,000. Institutional investors and hedge funds own 30.38% of the company’s stock.
About GEE Group
GEE Group Inc. is a staffing and workforce solutions company that provides professional, commercial and industrial employment services in the United States. The company helps employers recruit and retain personnel while connecting job seekers with temporary, contract and direct-hire opportunities. Its services include temporary and contract staffing, contract-to-hire placements, direct placement and executive recruitment. GEE Group serves a range of industries and occupational categories, including information technology, accounting and finance, engineering, healthcare, office and administrative support, light industrial work and other professional fields.
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