U.S. Global Investors (NASDAQ:GROW) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

U.S. Global Investors, Inc. (NASDAQ:GROW)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.48 and traded as high as $2.55. U.S. Global Investors shares last traded at $2.48, with a volume of 311,258 shares.

Analysts Set New Price Targets

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

U.S. Global Investors Price Performance

The firm’s fifty day moving average is $2.43 and its 200 day moving average is $2.48. The firm has a market capitalization of $33.96 million, a price-to-earnings ratio of 42.33 and a beta of 0.63.

U.S. Global Investors (NASDAQ:GROW) last released its quarterly earnings data on Wednesday, November 12th. The asset manager reported $0.12 earnings per share for the quarter. The firm had revenue of $2.25 million for the quarter. U.S. Global Investors had a net margin of 10.04% and a return on equity of 1.86%.

U.S. Global Investors Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 16th will be issued a dividend of $0.0075 per share. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Monday, March 16th. U.S. Global Investors’s dividend payout ratio (DPR) is currently 150.00%.

Institutional Inflows and Outflows

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

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.