GEE Group (NYSE:JOB) Trading Up 3.4% – Time to Buy?

GEE Group Inc. (NYSE:JOB)’s stock price was up 3.4% during mid-day trading on Wednesday . The stock traded as high as $0.2403 and last traded at $0.2349. Approximately 288,796 shares were traded during trading, a decline of 77% from the average daily volume of 1,273,339 shares. The stock had previously closed at $0.2271.

GEE Group Price Performance

The company has a 50-day simple moving average of $0.24 and a 200-day simple moving average of $0.22. The firm has a market cap of $25.44 million, a PE ratio of -1.05 and a beta of 0.52.

Institutional Trading of GEE Group

An institutional investor recently raised its position in GEE Group stock. Focus Partners Wealth lifted its position in GEE Group Inc. (NYSE:JOB) by 98.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 149,077 shares of the company’s stock after purchasing an additional 73,993 shares during the period. Focus Partners Wealth owned 0.14% of GEE Group worth $31,000 at the end of the most recent quarter. 30.38% of the stock is currently owned by institutional investors and hedge funds.

GEE Group Company Profile

GEE Group Inc (NYSE: JOB) is a workforce management firm that provides staffing, consulting and managed services across a range of industries. The company places professionals on a temporary, contract-to-hire and direct-hire basis, serving sectors such as industrial and manufacturing, logistics and transportation, energy and utilities, government, and professional services. GEE Group’s staffing capabilities extend from entry-level positions to specialized technical and engineering roles.

In addition to traditional staffing solutions, GEE Group offers managed workforce programs designed to streamline talent acquisition and workforce administration for large-scale projects.