U.S. Global Investors (NASDAQ:GROW) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

U.S. Global Investors, Inc. (NASDAQ:GROW) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.53 and traded as high as $3.27. U.S. Global Investors shares last traded at $3.13, with a volume of 90,193 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of U.S. Global Investors in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, U.S. Global Investors presently has an average rating of “Hold”.

U.S. Global Investors Price Performance

The business’s 50 day moving average price is $2.58 and its 200 day moving average price is $2.53. The firm has a market cap of $40.56 million, a PE ratio of 52.18 and a beta of 0.64.

U.S. Global Investors (NASDAQ:GROW) last posted its quarterly earnings data on Wednesday, November 12th. The asset manager reported $0.12 earnings per share (EPS) for the quarter. U.S. Global Investors had a return on equity of 1.86% and a net margin of 10.04%.The company had revenue of $2.25 million for the quarter.

U.S. Global Investors Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 16th will be given a dividend of $0.0075 per share. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, March 16th. U.S. Global Investors’s payout ratio is presently 150.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GROW. CWA Asset Management Group LLC boosted its stake in U.S. Global Investors by 66.4% during the 4th quarter. CWA Asset Management Group LLC now owns 421,390 shares of the asset manager’s stock worth $1,016,000 after purchasing an additional 168,176 shares during the last quarter. Susquehanna International Group LLP boosted its position in U.S. Global Investors by 108.2% during the third quarter. Susquehanna International Group LLP now owns 94,036 shares of the asset manager’s stock worth $259,000 after acquiring an additional 48,871 shares during the last quarter. J. W. Coons Advisors LLC purchased a new stake in U.S. Global Investors during the 2nd quarter valued at about $95,000. MAI Capital Management acquired a new stake in U.S. Global Investors in the 3rd quarter valued at about $102,000. Finally, Gator Capital Management LLC lifted its stake in U.S. Global Investors by 5.5% in the 2nd quarter. Gator Capital Management LLC now owns 684,223 shares of the asset manager’s stock worth $1,779,000 after purchasing an additional 35,472 shares in the last quarter. Hedge funds and other 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.