GEE Group (NYSE:JOB) Shares Down 0.1% – Time to Sell?

Shares of GEE Group Inc. (NYSE:JOB) fell 0.1% during trading on Friday . The stock traded as low as $0.2285 and last traded at $0.2290. 79,822 shares traded hands during trading, a decline of 92% from the average session volume of 997,663 shares. The stock had previously closed at $0.2292.

GEE Group Stock Down 0.1%

The company has a market cap of $25.16 million, a price-to-earnings ratio of -1.04 and a beta of 0.62. The company’s 50-day moving average is $0.24 and its 200 day moving average is $0.23.

Institutional Trading of GEE Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC lifted its holdings in GEE Group by 62.7% during the third quarter. Citadel Advisors LLC now owns 183,789 shares of the company’s stock valued at $38,000 after purchasing an additional 70,842 shares in the last quarter. Focus Partners Wealth lifted its holdings in GEE Group by 98.5% during the third quarter. Focus Partners Wealth now owns 149,077 shares of the company’s stock valued at $31,000 after purchasing an additional 73,993 shares in the last quarter. NewEdge Advisors LLC purchased a new position in GEE Group during the first quarter valued at $121,000. Renaissance Technologies LLC lifted its holdings in GEE Group by 64.7% during the first quarter. Renaissance Technologies LLC now owns 1,288,926 shares of the company’s stock valued at $309,000 after purchasing an additional 506,185 shares in the last quarter. Finally, Arete Wealth Advisors LLC purchased a new position in GEE Group during the first quarter valued at $208,000. Institutional investors and hedge funds own 30.38% of the company’s stock.

About GEE Group

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.