GEE Group Inc [AMEX: JOB] stock went on an upward path that rose over 14.82% on Thursday, amounting to a one-week price increase of more than 18.40%.
Over the last 12 months, JOB stock dropped by -38.67%. The one-year GEE Group Inc stock forecast points to a potential upside of 86.0. The average equity rating for JOB stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $30.77 million, with 109.41 million shares outstanding and 97.43 million shares in the current float. Compared to the average trading volume of 3.57M shares, JOB stock reached a trading volume of 4380781 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on GEE Group Inc [JOB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JOB shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JOB stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Alliance Global Partners have made an estimate for GEE Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 02, 2020. While these analysts kept the previous recommendation, Maxim Group raised their target price from $10 to $8. The new note on the price target was released on October 10, 2017, representing the official price target for GEE Group Inc stock. Previously, the target price had yet another drop from $11 to $9, while Maxim Group kept a Buy rating on JOB stock. On January 06, 2016, analysts decreased their price target for JOB shares from 14 to 12.
The Average True Range (ATR) for GEE Group Inc is set at 0.04, with the Price to Sales ratio for JOB stock in the period of the last 12 months amounting to 0.26. The Price to Book ratio for the last quarter was 0.37, with the Price to Cash per share for the same quarter was set at 0.19. Price to Free Cash Flow for JOB in the course of the last twelve months was 219.80 with Quick ratio for the last quarter at 3.80.
JOB Stock Performance Analysis:
GEE Group Inc [JOB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.40. With this latest performance, JOB shares gained by 15.72% in over the last four-week period, additionally sinking by -12.10% over the last 6 months – not to mention a drop of -38.67% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JOB stock in for the last two-week period is set at 63.40, with the RSI for the last a single of trading hit 68.16, and the three-weeks RSI is set at 60.21 for GEE Group Inc [JOB]. The present Moving Average for the last 50 days of trading for this stock 0.2414, while it was recorded at 0.2430 for the last single week of trading, and 0.2844 for the last 200 days.
Insight into GEE Group Inc Fundamentals:
GEE Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.80 and a Current Ratio set at 3.80.
GEE Group Inc [JOB] Institutonal Ownership Details
There are presently around $33.40%, or 38.26%% of JOB stock, in the hands of institutional investors. The top three institutional holders of JOB stocks are: RAFFLES ASSOCIATES LP with ownership of 9.5 million shares, which is approximately 8.7335%. CABLE CAR CAPITAL LLC, holding 5.99 million shares of the stock with an approximate value of $$1.84 million in JOB stocks shares; and CABLE CAR CAPITAL LLC, currently with $$1.7 million in JOB stock with ownership which is approximately 5.0933%.
