GEE Group Inc. (NYSE:JOB) Director Purchases $31,626.96 in Stock

GEE Group Inc. (NYSE:JOB) Director John Randall Waterfield purchased 131,779 shares of the stock in a transaction that occurred on Tuesday, January 14th. The stock was purchased at an average cost of $0.24 per share, with a total value of $31,626.96. Following the purchase, the director now owns 936,779 shares in the company, valued at $224,826.96. This represents a 16.37 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

GEE Group Trading Down 6.1 %

Shares of NYSE:JOB opened at $0.26 on Friday. The stock has a market capitalization of $28.88 million, a PE ratio of -1.20 and a beta of 0.60. GEE Group Inc. has a 1 year low of $0.20 and a 1 year high of $0.51. The firm has a fifty day moving average price of $0.24 and a 200 day moving average price of $0.26.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of GEE Group in a research report on Thursday. They issued a “buy” rating for the company.

Institutional Trading of GEE Group

An institutional investor recently raised its position in GEE Group stock. Renaissance Technologies LLC increased its stake in GEE Group Inc. (NYSE:JOB) by 17.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,163,672 shares of the company’s stock after purchasing an additional 176,043 shares during the quarter. Renaissance Technologies LLC owned approximately 1.07% of GEE Group worth $357,000 at the end of the most recent reporting period. Institutional investors own 30.38% of the company’s stock.

GEE Group Company Profile

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.