GEE Group Inc (JOB) Shares Decline Despite Market Challenges

The stock price of GEE Group Inc (AMEX: JOB) has plunged by -3.12 when compared to previous closing price of 0.22, but the company has seen a -1.23% decline in its stock price over the last five trading sessions. accesswire.com reported 2024-12-19 that JACKSONVILLE, FL / ACCESSWIRE / December 19, 2024 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the “Company,” “GEE Group,” “our” or “we”), a provider of professional staffing services and human resource solutions, today announced consolidated results for the fiscal year and fourth quarter ended September 30, 2024. All amounts presented herein are consolidated or derived from consolidated amounts, and are rounded and represent approximations, accordingly.

Is It Worth Investing in GEE Group Inc (AMEX: JOB) Right Now?

Company’s 36-month beta value is 0.56.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for JOB is 97.35M, and currently, short sellers hold a 0.12% ratio of that floaft. The average trading volume of JOB on December 27, 2024 was 205.01K shares.

JOB’s Market Performance

JOB’s stock has seen a -1.23% decrease for the week, with a -16.35% drop in the past month and a -17.67% fall in the past quarter. The volatility ratio for the week is 9.08%, and the volatility levels for the past 30 days are at 6.62% for GEE Group Inc The simple moving average for the last 20 days is -11.91% for JOB stock, with a simple moving average of -28.93% 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 -15.88% 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 -60.10% of loss for the given period.

Volatility was left at 6.62%, however, over the last 30 days, the volatility rate increased by 9.08%, as shares sank -19.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.26% lower at present.

During the last 5 trading sessions, JOB fell by -1.23%, which changed the moving average for the period of 200-days by -44.56% in comparison to the 20-day moving average, which settled at $0.2365. In addition, GEE Group Inc saw -58.36% 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:

  • -0.22 for the present operating margin
  • 0.31 for the gross margin

The net margin for GEE Group Inc stands at -0.21. The total capital return value is set at -0.3. Equity return is now at value -24.91, with -21.19 for asset returns.

Based on GEE Group Inc (JOB), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -80.92.

Currently, EBITDA for the company is -27.06 million with net debt to EBITDA at 0.74. When we switch over and look at the enterprise to sales, we see a ratio of 0.05. The receivables turnover for the company is 8.47for trailing twelve months and the total asset turnover is 1.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.80.

Conclusion

In a nutshell, GEE Group Inc (JOB) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

Most Popular

Related Posts