GEE Group (NYSE:JOB) Trading Down 2.9% – Should You Sell?

GEE Group Inc. (NYSE:JOB) shares fell 2.9% on Tuesday . The stock traded as low as $0.2240 and last traded at $0.2382. 471,169 shares were traded during mid-day trading, a decline of 69% from the average session volume of 1,526,116 shares. The stock had previously closed at $0.2454.

GEE Group Stock Down 2.9%

The company has a market capitalization of $26.17 million, a P/E ratio of -1.08 and a beta of 0.52. The firm has a 50-day moving average price of $0.24 and a two-hundred day moving average price of $0.21.

Institutional Investors Weigh In On GEE Group

An institutional investor recently raised its position in GEE Group stock. Citadel Advisors LLC grew its holdings in GEE Group Inc. (NYSE:JOB) by 62.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 183,789 shares of the company’s stock after acquiring an additional 70,842 shares during the quarter. Citadel Advisors LLC owned 0.17% of GEE Group worth $38,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 30.38% of the company’s stock.

GEE Group Company Profile

GEE Group Inc (NYSE: JOB) is a workforce management firm that provides staffing, consulting and managed services across a range of industries. The company places professionals on a temporary, contract-to-hire and direct-hire basis, serving sectors such as industrial and manufacturing, logistics and transportation, energy and utilities, government, and professional services. GEE Group’s staffing capabilities extend from entry-level positions to specialized technical and engineering roles.

In addition to traditional staffing solutions, GEE Group offers managed workforce programs designed to streamline talent acquisition and workforce administration for large-scale projects.