U.S. Global Investors (NASDAQ:GROW) Shares Pass Above 200-Day Moving Average – Time to Sell?

U.S. Global Investors, Inc. (NASDAQ:GROW)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.57 and traded as high as $3.33. U.S. Global Investors shares last traded at $3.26, with a volume of 25,835 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of U.S. Global Investors in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

U.S. Global Investors Stock Performance

The firm has a fifty day simple moving average of $2.70 and a 200 day simple moving average of $2.57. The company has a market cap of $42.25 million, a PE ratio of 54.34 and a beta of 0.64.

U.S. Global Investors Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 16th will be given a $0.0075 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a c) annualized dividend and a yield of 2.8%. U.S. Global Investors’s dividend payout ratio (DPR) is 150.00%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Samalin Investment Counsel LLC acquired a new position in U.S. Global Investors during the 3rd quarter worth $92,000. J. W. Coons Advisors LLC acquired a new stake in shares of U.S. Global Investors during the 2nd quarter worth approximately $95,000. MAI Capital Management acquired a new position in shares of U.S. Global Investors during the third quarter valued at $102,000. Citadel Advisors LLC boosted its stake in U.S. Global Investors by 52.1% during the 3rd quarter. Citadel Advisors LLC now owns 43,625 shares of the asset manager’s stock valued at $120,000 after purchasing an additional 14,938 shares during the period. Finally, Susquehanna International Group LLP grew its holdings in U.S. Global Investors by 108.2% in the 3rd quarter. Susquehanna International Group LLP now owns 94,036 shares of the asset manager’s stock worth $259,000 after buying an additional 48,871 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

U.S. Global Investors Company Profile

U.S. Global Investors, Inc is an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.

The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.