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

Posted by Anthony Miller on Mar 31st, 2025

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

GEE Group Stock Down 4.0 %

Shares of JOB opened at $0.19 on Friday. The business’s fifty day moving average is $0.23 and its 200 day moving average is $0.24. GEE Group has a 12-month low of $0.18 and a 12-month high of $0.51. The stock has a market cap of $21.01 million, a P/E ratio of -0.87 and a beta of 0.52.

Insider Buying and Selling at GEE Group

In related news, Director John Randall Waterfield purchased 131,779 shares of the stock in a transaction that occurred on Tuesday, January 14th. The stock was acquired at an average cost of $0.24 per share, with a total value of $31,626.96. Following the transaction, the director now owns 936,779 shares of the company’s stock, valued at $224,826.96. This represents a 16.37 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 16.72% of the company’s stock.

Hedge Funds Weigh In On GEE Group

A hedge fund recently raised its stake in GEE Group stock. NewEdge Advisors LLC lifted its holdings in shares of GEE Group Inc. (NYSE:JOB – Free Report) by 16.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 623,748 shares of the company’s stock after purchasing an additional 88,900 shares during the period. NewEdge Advisors LLC owned about 0.57% of GEE Group worth $129,000 at the end of the most recent reporting period. 30.38% of the stock is owned by institutional investors and hedge funds.

GEE Group Company Profile

(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.