Kim D. Thorpe Buys 35,906 Shares of GEE Group Inc. (NYSE:JOB) Stock

GEE Group Inc. (NYSE:JOBGet Free Report) CFO Kim D. Thorpe bought 35,906 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were bought at an average price of $0.35 per share, for a total transaction of $12,567.10. Following the completion of the transaction, the chief financial officer now directly owns 1,275,055 shares of the company’s stock, valued at approximately $446,269.25. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

GEE Group Stock Performance

Shares of JOB traded down $0.01 during mid-day trading on Thursday, reaching $0.34. The stock had a trading volume of 421,464 shares, compared to its average volume of 225,973. The business has a fifty day moving average of $0.34 and a 200 day moving average of $0.43. The firm has a market cap of $36.98 million, a price-to-earnings ratio of 6.80, a PEG ratio of 1.18 and a beta of 0.55. GEE Group Inc. has a 12 month low of $0.30 and a 12 month high of $0.63.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on GEE Group in a research note on Tuesday. They issued a “buy” rating on the stock.

Check Out Our Latest Stock Analysis on JOB

Institutional Investors Weigh In On GEE Group

An institutional investor recently bought a new position in GEE Group stock. Cable Car Capital LLC bought a new position in shares of GEE Group Inc. (NYSE:JOBFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,683,792 shares of the company’s stock, valued at approximately $2,843,000. GEE Group comprises 3.2% of Cable Car Capital LLC’s portfolio, making the stock its 12th biggest position. Cable Car Capital LLC owned about 5.23% of GEE Group at the end of the most recent quarter. 30.38% of the stock is owned by institutional investors.

About GEE Group

(Get Free Report)

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.

Further Reading

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