GEE Group Inc. (NYSE:JOB – Get Free Report) shares saw unusually-high trading volume on Wednesday. 32,439 shares were traded 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 Price Performance
The stock’s 50-day moving average price is $6.55 and its 200-day moving average price is $6.86. The company has a market cap of $686.69 million, a P/E ratio of -28.39 and a beta of 0.67.
Institutional Trading of GEE Group
Institutional investors have recently bought and sold shares of the business. Raffles Associates LP bought a new position in shares of GEE Group during the second quarter worth approximately $1,974,000. Cable Car Capital LP bought a new stake in shares of GEE Group in the second quarter valued at approximately $1,451,000. BlackRock Inc. bought a new stake in shares of GEE Group in the second quarter valued at approximately $53,000. NewEdge Advisors LLC acquired a new stake in GEE Group during the first quarter worth approximately $121,000. Finally, Arete Wealth Advisors LLC acquired a new stake in GEE Group during the first quarter worth approximately $208,000. Institutional investors own 30.38% of the company’s stock.
GEE Group Company Profile
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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