GEE Group Inc (AMEX: JOB)’s stock price has decreased by -2.17 compared to its previous closing price of 0.26. However, the company has seen a -2.44% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-15 that GEE Group Inc. (NYSE:JOB ) Q3 2024 Results Conference Call August 15, 2024 11:00 AM ET Company Participants Derek Dewan – Chairman & Chief Executive Officer Kim Thorpe – Senior Vice President & Chief Financial Officer Alex Stuckey – Chief Operating Officer Derek Dewan Hello and welcome to the GEE Group Fiscal 2024 Third Quarter and Year-To-Date Period, Ended June 30, 2024 Earnings and Update Webcast Conference Call. I’m Derek Dewan, Chairman and Chief Executive Officer of GEE Group.
Is It Worth Investing in GEE Group Inc (AMEX: JOB) Right Now?
JOB has 36-month beta value of 0.48. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for JOB is 96.78M, and currently, short sellers hold a 0.22% ratio of that float. The average trading volume of JOB on September 06, 2024 was 257.56K shares.
JOB’s Market Performance
JOB stock saw a decrease of -2.44% in the past week, with a monthly decline of -13.78% and a quarterly a decrease of -30.12%. The volatility ratio for the week is 5.22%, and the volatility levels for the last 30 days are 4.82% for GEE Group Inc (JOB). The simple moving average for the last 20 days is -6.81% for JOB stock, with a simple moving average of -32.73% for the last 200 days.
Analysts’ Opinion of JOB
Many brokerage firms have already submitted their reports for JOB stocks, with Alliance Global Partners repeating the rating for JOB by listing it as a “Buy.” The predicted price for JOB in the upcoming period, according to Alliance Global Partners is $2.50 based on the research report published on July 02, 2020 of the previous year 2020.
Maxim Group, on the other hand, stated in their research note that they expect to see JOB reach a price target of $8, previously predicting the price at $10. The rating they have provided for JOB stocks is “Buy” according to the report published on October 10th, 2017.
Maxim Group gave a rating of “Buy” to JOB, setting the target price at $9 in the report published on October 31st of the previous year.
JOB Trading at -13.77% from the 50-Day Moving Average
After a stumble in the market that brought JOB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.09% of loss for the given period.
Volatility was left at 4.82%, however, over the last 30 days, the volatility rate increased by 5.22%, as shares sank -11.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.50% lower at present.
During the last 5 trading sessions, JOB fell by -3.54%, which changed the moving average for the period of 200-days by -54.58% in comparison to the 20-day moving average, which settled at $0.2705. In addition, GEE Group Inc saw -49.29% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JOB starting from Waterfield John Randall, who purchase 150,000 shares at the price of $0.38 back on Jun 04 ’24. After this action, Waterfield John Randall now owns 805,000 shares of GEE Group Inc, valued at $56,700 using the latest closing price.
Waterfield John Randall, the Director of GEE Group Inc, purchase 150,000 shares at $0.37 during a trade that took place back on May 31 ’24, which means that Waterfield John Randall is holding 655,000 shares at $55,020 based on the most recent closing price.
Stock Fundamentals for JOB
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.3 for the gross margin
The net margin for GEE Group Inc stands at -0.18. The total capital return value is set at -0.05. Equity return is now at value -21.98, with -19.60 for asset returns.
Based on GEE Group Inc (JOB), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 0.72. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -14.05.
Currently, EBITDA for the company is 5.77 million with net debt to EBITDA at 14.17. When we switch over and look at the enterprise to sales, we see a ratio of 0.09. The receivables turnover for the company is 8.37for trailing twelve months and the total asset turnover is 1.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.12.
Conclusion
To put it simply, GEE Group Inc (JOB) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
