GSE Systems (NASDAQ:GVP) Shares Down 0.2% – Time to Sell?

Shares of GSE Systems, Inc. (NASDAQ:GVP) dropped 0.2% on Friday . The stock traded as low as $4.59 and last traded at $4.59. Approximately 134,500 shares changed hands during trading, an increase of 60% from the average daily volume of 84,138 shares. The stock had previously closed at $4.60.

GSE Systems Trading Down 0.2 %

The company has a market cap of $15.93 million, a P/E ratio of -1.81 and a beta of 1.37. The company’s 50-day moving average price is $4.34 and its two-hundred day moving average price is $3.90.

Institutional Investors Weigh In On GSE Systems

A hedge fund recently raised its stake in GSE Systems stock. Joel Isaacson & Co. LLC grew its stake in shares of GSE Systems, Inc. (NASDAQ:GVP) by 96.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,780 shares of the company’s stock after purchasing an additional 13,609 shares during the quarter. Joel Isaacson & Co. LLC owned approximately 0.86% of GSE Systems worth $113,000 as of its most recent SEC filing. 21.78% of the stock is currently owned by institutional investors and hedge funds.

GSE Systems Company Profile

GSE Systems, Inc engages in the provision of professional and technical engineering services, staffing services, and simulation software to clients in the power and process industries in the United States, Asia, Europe, and internationally. It operates in two segments: Engineering and Workforce Solutions.