GEE Group Inc. (AMEX:JOB) does about 2.14M shares in volume on a normal day but saw 1772677 shares change hands in Friday trading. The company now has a market cap of 21.60M USD and an enterprise value of about $79.22M. Its current market price is $1.08, marking a decrease of -11.48% compared to the previous close of $1.22. The 52 week high reached by this stock is $2.49 whilst the lowest price level in 52 weeks is $0.17. The script in recent trading has seen the stock touch a high of $1.22 and a low of $1.02.
GEE Group Inc. (JOB) has a 20-day trading average at $1.0381 and the current price is -56.63% off the 52-week high compared with 544.01% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9666 and its 200-day simple moving average is $0.5206. If we look at the stock’s price movements over the week, volatility stands at 18.33%, which decreases to 17.95% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 52.60 to suggest the stock is neutral.
The consensus objective for the share price is $1.75, suggesting that the stock has a potential upside of 38.29% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on July 02, 2020 when Alliance Global Partners upgraded the stock to “Buy” and issued a price target of $2.50. Maxim Group reiterated its price target at $11-$9.
The current price level is 4.03%, 13.23%, and 107.46% away from its SMA20, SMA50, and SMA200 respectively, with the JOB price moving below the 50-day SMA on August 21. GEE Group Inc. (JOB) stock is up 13.68% over the week and 1.89% over the past month. Its price is 176.92% year-to-date and 106.15% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of $1.88 above consensus estimates by $2.34. The company’s next earnings report is expected on 12/17/2020, with forecasts estimating quarterly EPS at -$0.16 and -$0.38 for whole year. JOB’s earnings per share are forecast to grow by 74.70% this year and -15.80% over next year. Expected sales for next quarter are $28.11 million, which analysts say will come at $125.49 million for the current fiscal year and next year at $115.75 million. In addition, estimates put the company’s current quarterly revenue at an average of $26.66 million.
To reach the target analysts have set, the stock logically needs to grow 38.29 percent from here.
Outstanding shares total 15.79M with insiders holding 27.03% of the shares and institutional holders owning 4.77% of the company’s common stock. The company has a return on investment of -6.40% and return on equity of 132.80%. The price to earnings ratio (P/E ratio) amounts to 1.14. The beta has a value of 2.96. Price to book ratio is 0.43 and price to sales ratio is 0.16.
Bridgeway Ultra Small Company Mar isn’t the only investment manager who changed stakes and is followed by Vanguard Extended Market Index Fu, which sold off 0.0 shares to end up with 27,339 shares worth $22965.0. Fidelity Extended Market Index Fu cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.02% position in GEE Group Inc. thanks to 3724.0 shares amounting to $3128.0.