GEE Group Inc. (NYSE:JOB) Director Acquires $13,600.00 in Stock

GEE Group Inc. (NYSE:JOB) Director Thomas Vetrano bought 40,000 shares of the stock in a transaction that occurred on Thursday, May 23rd. The stock was bought at an average price of $0.34 per share, with a total value of $13,600.00. Following the completion of the acquisition, the director now owns 108,000 shares of the company’s stock, valued at approximately $36,720. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

GEE Group Stock Down 1.7 %

JOB opened at $0.33 on Monday. GEE Group Inc. has a 52-week low of $0.30 and a 52-week high of $0.63. The company has a 50 day moving average of $0.34 and a two-hundred day moving average of $0.42. The company has a market cap of $36.36 million, a P/E ratio of 4.78, a P/E/G ratio of 1.11 and a beta of 0.55.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of GEE Group in a research note on Tuesday, May 21st. They set a “buy” rating for the company.

Institutional Investors Weigh In On GEE Group

A hedge fund recently bought a new stake in GEE Group stock. Cable Car Capital LLC purchased a new stake in GEE Group Inc. (NYSE:JOB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,683,792 shares of the company’s stock, valued at approximately $2,843,000. GEE Group makes up approximately 3.2% of Cable Car Capital LLC’s portfolio, making the stock its 12th largest position. Cable Car Capital LLC owned 5.23% of GEE Group at the end of the most recent reporting period. Institutional investors own 30.38% of the company’s stock.

About GEE Group

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.