GEE Group (NYSE:JOB) Stock Price Down 0% – Time to Sell?

GEE Group Inc. (NYSE:JOB)’s share price fell 0% on Thursday . The stock traded as low as $0.2050 and last traded at $0.21. Approximately 261,380 shares changed hands during trading, a decline of 71% from the average session volume of 889,213 shares. The stock had previously closed at $0.2101.

GEE Group Price Performance

The company has a 50-day moving average price of $0.23 and a 200-day moving average price of $0.23. The firm has a market capitalization of $23.07 million, a PE ratio of -0.95 and a beta of 0.63.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Focus Partners Wealth boosted its stake in shares of GEE Group by 98.5% during the 3rd quarter. Focus Partners Wealth now owns 149,077 shares of the company’s stock worth $31,000 after purchasing an additional 73,993 shares during the last quarter. Citadel Advisors LLC lifted its stake in shares of 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 buying an additional 70,842 shares during the period. NewEdge Advisors LLC acquired a new stake in GEE Group during the first quarter worth approximately $121,000. Arete Wealth Advisors LLC acquired a new stake in GEE Group during the first quarter worth approximately $208,000. Finally, Renaissance Technologies LLC grew its stake in GEE Group by 64.7% in the 1st quarter. Renaissance Technologies LLC now owns 1,288,926 shares of the company’s stock worth $309,000 after acquiring an additional 506,185 shares during the period. 30.38% of the stock is currently owned by hedge funds and other institutional investors.

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.