U.S. Global Investors (NASDAQ:GROW) Share Price Passes Above 200-Day Moving Average – Time to Sell?

U.S. Global Investors, Inc. (NASDAQ:GROW)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.48 and traded as high as $2.49. U.S. Global Investors shares last traded at $2.46, with a volume of 31,163 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of U.S. Global Investors in a report on Monday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

U.S. Global Investors Stock Performance

The stock has a market cap of $31.88 million, a price-to-earnings ratio of 41.01 and a beta of 0.63. The business’s fifty day simple moving average is $2.43 and its 200 day simple moving average is $2.48.

U.S. Global Investors (NASDAQ:GROW) last posted its quarterly earnings results on Wednesday, November 12th. The asset manager reported $0.12 earnings per share (EPS) 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 Announces Dividend

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 $0.0075 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Monday, March 16th. U.S. Global Investors’s payout ratio is currently 150.00%.

Institutional Inflows and Outflows

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

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.