GEE Group (NYSE:JOB) Coverage Initiated at

Investment analysts at initiated coverage on shares of GEE Group (NYSE:JOBGet Rating) in a report issued on Thursday. The brokerage set a “strong-buy” rating on the stock.

GEE Group Price Performance

Shares of JOB stock opened at $0.56 on Thursday. The firm has a 50 day moving average of $0.56. GEE Group has a twelve month low of $0.39 and a twelve month high of $0.65. The company has a market cap of $63.85 million, a P/E ratio of 3.29, a price-to-earnings-growth ratio of 0.62 and a beta of 1.75.

GEE Group (NYSE:JOBGet Rating) last issued its quarterly earnings results on Monday, May 16th. The company reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. The company had revenue of $39.63 million for the quarter, compared to the consensus estimate of $38.88 million. GEE Group had a return on equity of 10.59% and a net margin of 12.23%. Sell-side analysts predict that GEE Group will post 0.06 earnings per share for the current fiscal year.

About GEE Group

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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, and medical professionals for direct hire and contract staffing services; and temporary staffing services for light industrial clients.

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