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Why should you keep an eye on GEE Group Inc (JOB)?

GEE Group Inc (AMEX: JOB) is 4.83% higher on its value in year-to-date trading and has touched a low of $0.20 and a high of $0.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JOB stock was last observed hovering at around $0.21 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $0.22, the stock is -3.90% and -10.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing 2.99% at the moment leaves the stock -24.91% off its SMA200. JOB registered -55.64% loss for a year compared to 6-month loss of -29.55%. The firm has a 50-day simple moving average (SMA 50) of $0.243 and a 200-day simple moving average (SMA200) of $0.28915.

The stock witnessed a -15.23% gain in the last 1 month and extending the period to 3 months gives it a -15.33%, and is 4.18% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.86% over the week and 7.34% over the month.

GEE Group Inc (JOB) has around 210 employees, a market worth around $24.45M and $116.48M in sales. Profit margin for the company is -20.69%. Distance from 52-week low is 8.50% and -57.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.86%).

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GEE Group Inc (JOB) Top Institutional Holders

30.0 institutions hold shares in GEE Group Inc (JOB), with institutional investors hold 38.26% of the company’s shares. The shares outstanding are 109.41M, and float is at 97.35M with Short Float at 0.12%. Institutions hold 33.40% of the Float.

The top institutional shareholder in the company is RAFFLES ASSOCIATES LP with over 9.5 million shares valued at $2.91 million. The investor’s holdings represent 8.7335% of the JOB Shares outstanding. As of 2024-06-30, the second largest holder is CABLE CAR CAPITAL LLC with 5.99 million shares valued at $1.84 million to account for 5.5027 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.54 million shares representing 5.0933% and valued at over $1.7 million, while RENAISSANCE TECHNOLOGIES LLC holds 1.0698 of the shares totaling 1.16 million with a market value of $0.36 million.

GEE Group Inc (JOB) Insider Activity

The most recent transaction is an insider purchase by Waterfield John Randall, the company’s Director. SEC filings show that Waterfield John Randall bought 150,000 shares of the company’s common stock on Jun 04 ’24 at a price of $0.38 per share for a total of $56700.0. Following the purchase, the insider now owns 0.81 million shares.

GEE Group Inc disclosed in a document filed with the SEC on May 31 ’24 that Waterfield John Randall (Director) bought a total of 150,000 shares of the company’s common stock. The trade occurred on May 31 ’24 and was made at $0.37 per share for $55020.0. Following the transaction, the insider now directly holds 0.66 million shares of the JOB stock.

Still, SEC filings show that on May 24 ’24, Waterfield John Randall (Director) acquired 100,000 shares at an average price of $0.36 for $36000.0. The insider now directly holds 355,000 shares of GEE Group Inc (JOB).

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