StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROW – Free Report) in a research report report published on Wednesday. The firm issued a hold rating on the asset manager’s stock.
U.S. Global Investors Trading Down 0.8 %
Shares of NASDAQ GROW opened at $2.41 on Wednesday. The firm has a market cap of $32.61 million, a P/E ratio of 18.54 and a beta of 1.83. U.S. Global Investors has a 1-year low of $2.38 and a 1-year high of $2.95. The business’s 50 day moving average is $2.44 and its 200-day moving average is $2.51.
U.S. Global Investors Dividend Announcement
The business also recently declared a dividend, which will be paid on Monday, January 27th. Investors of record on Tuesday, January 14th will be given a dividend of $0.0075 per share. This represents a yield of 3.7%. The ex-dividend date is Monday, January 13th. U.S. Global Investors’s dividend payout ratio is currently 69.24%.
About U.S. Global Investors
U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.
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