AWM Investment Company Inc. Cuts Stock Holdings in GEE Group Inc. (NYSE:JOB)

AWM Investment Company Inc. decreased its position in shares of GEE Group Inc. (NYSE:JOBFree Report) by 30.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,600,096 shares of the company’s stock after selling 685,096 shares during the quarter. AWM Investment Company Inc. owned 1.41% of GEE Group worth $947,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Virtu Financial LLC increased its holdings in GEE Group by 127.8% in the 1st quarter. Virtu Financial LLC now owns 71,225 shares of the company’s stock valued at $39,000 after acquiring an additional 39,956 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of GEE Group by 630.9% in the 2nd quarter. Renaissance Technologies LLC now owns 249,970 shares of the company’s stock valued at $130,000 after purchasing an additional 215,770 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of GEE Group in the 3rd quarter valued at about $75,000. Ancora Advisors LLC raised its stake in shares of GEE Group by 7.2% during the 4th quarter. Ancora Advisors LLC now owns 705,617 shares of the company’s stock worth $346,000 after acquiring an additional 47,236 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in shares of GEE Group during the 1st quarter worth approximately $27,000. Hedge funds and other institutional investors own 34.05% of the company’s stock.

GEE Group Stock Performance

JOB stock traded up $0.00 during trading on Thursday, hitting $0.38. The stock had a trading volume of 153,492 shares, compared to its average volume of 244,851. The company’s 50 day moving average price is $0.45 and its two-hundred day moving average price is $0.52. GEE Group Inc. has a 1-year low of $0.34 and a 1-year high of $0.63. The stock has a market cap of $41.27 million, a price-to-earnings ratio of 5.36, a price-to-earnings-growth ratio of 1.25 and a beta of 0.55.

GEE Group (NYSE:JOBGet Free Report) last issued its earnings results on Tuesday, February 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). The firm had revenue of $30.63 million for the quarter, compared to analysts’ expectations of $36.17 million. GEE Group had a return on equity of 8.53% and a net margin of 5.08%. As a group, sell-side analysts forecast that GEE Group Inc. will post 0.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of GEE Group in a report on Friday, February 23rd. They set a “buy” rating on the stock.

Get Our Latest Stock Report on GEE Group

About GEE Group

(Free Report)

GEE Group Inc provides permanent and temporary professional and industrial staffing and placement services in the United States. The company operates through two segments, Industrial Staffing Services and Professional Staffing Services. It offers placement of information technology, accounting, finance, office, engineering, engineering professionals for direct hire and contract staffing services, and data entry assistants; and temporary staffing services for industrial clients.

See Also

Institutional Ownership by Quarter for GEE Group (NYSE:JOB)

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