U.S. Global Investors (NASDAQ:GROW) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of U.S. Global Investors (NASDAQ:GROW) in a report released on Monday. The firm set a “hold” rating on the asset manager’s stock.

U.S. Global Investors Stock Performance

Shares of U.S. Global Investors stock opened at $2.56 on Monday. U.S. Global Investors has a 52 week low of $2.47 and a 52 week high of $3.11. The stock has a 50 day moving average price of $2.60 and a two-hundred day moving average price of $2.64. The stock has a market capitalization of $35.61 million, a PE ratio of 21.33 and a beta of 1.83.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in U.S. Global Investors stock. Vima LLC bought a new stake in shares of U.S. Global Investors, Inc. (NASDAQ:GROW) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 41,458 shares of the asset manager’s stock, valued at approximately $117,000. Vima LLC owned about 0.29% of U.S. Global Investors as of its most recent SEC filing. Hedge funds and other institutional investors own 23.62% of the company’s stock.

U.S. Global Investors Company Profile

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.