Cable Car Capital LP Makes New Investment in GEE Group Inc. $JOB

Cable Car Capital LP purchased a new stake in GEE Group Inc. (NYSE:JOB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,909,748 shares of the company’s stock, valued at approximately $1,451,000. Cable Car Capital LP owned 6.29% of GEE Group at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Focus Partners Wealth boosted its position in shares of GEE Group by 98.5% during the third quarter. Focus Partners Wealth now owns 149,077 shares of the company’s stock worth $31,000 after buying an additional 73,993 shares during the period. Citadel Advisors LLC raised 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 worth $38,000 after acquiring an additional 70,842 shares in the last quarter. BlackRock Inc. bought a new position in shares of GEE Group in the second quarter valued at $53,000. NewEdge Advisors LLC acquired a new position in shares of GEE Group during the 1st quarter worth about $121,000. Finally, Arete Wealth Advisors LLC bought a new stake in GEE Group in the first quarter valued at approximately $208,000. 30.38% of the stock is currently owned by institutional investors.

GEE Group Price Performance

Shares of GEE Group stock opened at $0.26 on Wednesday. The company has a market capitalization of $28.11 million, a price-to-earnings ratio of -1.16 and a beta of 0.65. The business has a fifty day simple moving average of $0.22 and a two-hundred day simple moving average of $0.23. GEE Group Inc. has a 1 year low of $0.17 and a 1 year high of $0.28.

GEE Group Profile

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.