StockNews.com Initiates Coverage on GEE Group (NYSE:JOB)

Posted by Defense World Staff on Mar 29th, 2025

Analysts at StockNews.com started coverage on shares of GEE Group (NYSE:JOB – Get Free Report) in a research report issued to clients and investors on Saturday. The firm set a “buy” rating on the stock.

GEE Group Price Performance

NYSE JOB opened at $0.19 on Friday. The stock’s 50 day simple moving average is $0.23 and its 200-day simple moving average is $0.24. The company has a market cap of $21.01 million, a PE ratio of -0.87 and a beta of 0.52. GEE Group has a 1-year low of $0.18 and a 1-year high of $0.51.

Insiders Place Their Bets

In other GEE Group news, Director John Randall Waterfield bought 131,779 shares of the firm’s stock in a transaction on Tuesday, January 14th. The shares were acquired at an average cost of $0.24 per share, with a total value of $31,626.96. Following the purchase, the director now directly owns 936,779 shares of the company’s stock, valued at $224,826.96. This trade represents a 16.37 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 16.72% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On GEE Group

An institutional investor recently raised its position in GEE Group stock. NewEdge Advisors LLC boosted its stake in shares of GEE Group Inc. (NYSE:JOB – Free Report) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 623,748 shares of the company’s stock after buying an additional 88,900 shares during the period. NewEdge Advisors LLC owned 0.57% of GEE Group worth $129,000 at the end of the most recent quarter. 30.38% of the stock is currently owned by hedge funds and other institutional investors.

About GEE Group

(Get Free Report)

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.