GEE Group Inc. (NYSE:JOB – Get Free Report) saw an uptick in trading volume on Wednesday. Approximately 32,439 shares changed hands during trading, an increase of 55% from the average daily volume of 20,897 shares. The stock last traded at $6.32 and had previously closed at $5.70.
GEE Group Trading Up 9.6%
The stock has a market cap of $686.69 million, a PE ratio of -28.39 and a beta of 0.67. The company’s 50 day moving average is $6.55 and its 200-day moving average is $6.86.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Raffles Associates LP bought a new stake in GEE Group during the second quarter valued at about $1,974,000. Cable Car Capital LP acquired a new stake in GEE Group in the 2nd quarter valued at approximately $1,451,000. Renaissance Technologies LLC grew its holdings in GEE Group by 64.7% in the 1st quarter. Renaissance Technologies LLC now owns 1,288,926 shares of the company’s stock valued at $309,000 after buying an additional 506,185 shares during the last quarter. Arete Wealth Advisors LLC acquired a new position in GEE Group during the 1st quarter worth $208,000. Finally, NewEdge Advisors LLC bought a new stake in GEE Group during the 1st quarter worth about $121,000. Institutional investors own 30.38% of the company’s stock.
About GEE Group
GEE Group Inc. is a staffing and workforce solutions company that provides professional, commercial and industrial employment services in the United States. The company helps employers recruit and retain personnel while connecting job seekers with temporary, contract and direct-hire opportunities. Its services include temporary and contract staffing, contract-to-hire placements, direct placement and executive recruitment. GEE Group serves a range of industries and occupational categories, including information technology, accounting and finance, engineering, healthcare, office and administrative support, light industrial work and other professional fields.
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