StockNews.com Initiates Coverage on U.S. Global Investors (NASDAQ:GROW)

Investment analysts at StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROWGet Free Report) in a research report issued on Thursday. The brokerage set a “hold” rating on the asset manager’s stock.

U.S. Global Investors Stock Performance

Shares of NASDAQ GROW opened at $2.43 on Thursday. The company has a market cap of $32.88 million, a P/E ratio of 18.69 and a beta of 1.83. The firm’s fifty day moving average is $2.43 and its two-hundred day moving average is $2.51. U.S. Global Investors has a 52-week low of $2.38 and a 52-week high of $2.95.

U.S. Global Investors (NASDAQ:GROWGet Free Report) last posted its earnings results on Thursday, November 7th. The asset manager reported $0.02 earnings per share for the quarter. U.S. Global Investors had a net margin of 18.23% and a return on equity of 3.68%. The firm had revenue of $2.16 million for the quarter.

About U.S. Global Investors

(Get Free Report)

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.

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