U.S. Global Investors (NASDAQ:GROW) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

U.S. Global Investors, Inc. (NASDAQ:GROW) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.71 and traded as high as $3.12. U.S. Global Investors shares last traded at $2.99, with a volume of 30,653 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of U.S. Global Investors in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, U.S. Global Investors has a consensus rating of “Hold”.

U.S. Global Investors Price Performance

The firm has a 50-day simple moving average of $3.10 and a 200 day simple moving average of $2.71. The company has a market capitalization of $38.75 million, a PE ratio of -299,000.00 and a beta of 0.60.

U.S. Global Investors (NASDAQ:GROW) last released its quarterly earnings results on Friday, February 20th. The asset manager reported ($0.07) EPS for the quarter. U.S. Global Investors had a return on equity of 0.22% and a net margin of 1.11%.The company had revenue of $2.51 million for the quarter.

U.S. Global Investors Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 15th will be given a $0.0075 dividend. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Sandia Investment Management LP acquired a new stake in U.S. Global Investors during the 4th quarter valued at approximately $106,000. Rothschild Wealth LLC acquired a new stake in shares of U.S. Global Investors during the fourth quarter worth approximately $1,260,000. Gator Capital Management LLC grew its position in shares of U.S. Global Investors by 18.9% during the fourth quarter. Gator Capital Management LLC now owns 833,091 shares of the asset manager’s stock worth $2,008,000 after buying an additional 132,207 shares in the last quarter. CWA Asset Management Group LLC increased its stake in shares of U.S. Global Investors by 66.4% in the fourth quarter. CWA Asset Management Group LLC now owns 421,390 shares of the asset manager’s stock worth $1,016,000 after buying an additional 168,176 shares during the last quarter. Finally, Susquehanna International Group LLP increased its stake in shares of U.S. Global Investors by 108.2% in the third quarter. Susquehanna International Group LLP now owns 94,036 shares of the asset manager’s stock worth $259,000 after buying an additional 48,871 shares during the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

About U.S. Global Investors

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.