GEE Group Inc (JOB) Given a $10.00 Price Target at Maxim Group
GEE Group Inc (AMEX:JOB) has been given a $10.00 price objective by stock analysts at Maxim Group in a research report issued on Tuesday. The firm presently has a “buy” rating on the business services provider’s stock. Maxim Group’s target price indicates a potential upside of 111.42% from the stock’s previous close.
Separately, Zacks Investment Research raised shares of GEE Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 18th.
Shares of GEE Group (JOB) opened at 4.73 on Tuesday. GEE Group has a 12 month low of $3.83 and a 12 month high of $7.00. The stock has a 50 day moving average price of $5.26 and a 200-day moving average price of $5.32. The company has a market capitalization of $46.72 million, a PE ratio of 32.18 and a beta of 0.93.
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In other GEE Group news, CAO Alexander Preston Alex Stuckey sold 310,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $4.00, for a total value of $1,240,000.00. Following the completion of the sale, the chief accounting officer now directly owns 2,056,300 shares in the company, valued at $8,225,200. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
A number of large investors have recently made changes to their positions in JOB. Cadence Capital Management LLC increased its stake in shares of GEE Group by 3.0% in the first quarter. Cadence Capital Management LLC now owns 52,700 shares of the business services provider’s stock valued at $258,000 after buying an additional 1,512 shares during the period. Vanguard Group Inc. increased its stake in shares of GEE Group by 2.7% in the second quarter. Vanguard Group Inc. now owns 77,099 shares of the business services provider’s stock valued at $399,000 after buying an additional 2,049 shares during the period. Finally, Skylands Capital LLC increased its stake in shares of GEE Group by 29.4% in the second quarter. Skylands Capital LLC now owns 239,300 shares of the business services provider’s stock valued at $1,235,000 after buying an additional 54,337 shares during the period.
GEE Group Company Profile
GEE Group Inc, formerly General Employment Enterprises, Inc, is a provider of specialized staffing solutions. The Company operates through two segments: contract staffing services and direct hire placement. The Company’s professional staffing services provide information technology, engineering, medical and accounting professionals to clients on either a regular placement basis or a temporary contract basis.
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