Kim D. Thorpe Purchases 35,906 Shares of GEE Group Inc. (NYSE:JOB) Stock

GEE Group Inc. (NYSE:JOB) CFO Kim D. Thorpe bought 35,906 shares of the stock in a transaction dated Tuesday, May 21st. The stock was bought at an average price of $0.35 per share, with a total value of $12,567.10. Following the purchase, the chief financial officer now owns 1,275,055 shares of the company’s stock, valued at approximately $446,269.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

GEE Group Trading Down 1.7 %

JOB traded down $0.01 on Friday, hitting $0.33. 542,309 shares of the company’s stock were exchanged, compared to its average volume of 218,567. The firm has a market cap of $36.36 million, a PE ratio of 4.86, a P/E/G ratio of 1.13 and a beta of 0.55. The stock has a fifty day moving average of $0.34 and a two-hundred day moving average of $0.42. GEE Group Inc. has a twelve month low of $0.30 and a twelve month high of $0.63.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on GEE Group in a research report on Tuesday. They set a “buy” rating on the stock.

Institutional Trading of GEE Group

An institutional investor recently bought a new position in GEE Group stock. Cable Car Capital LLC purchased a new position in shares of GEE Group Inc. (NYSE:JOB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,683,792 shares of the company’s stock, valued at approximately $2,843,000. GEE Group makes up about 3.2% of Cable Car Capital LLC’s holdings, making the stock its 12th biggest position. Cable Car Capital LLC owned about 5.23% of GEE Group as of its most recent filing with the Securities and Exchange Commission. 30.38% of the stock is currently owned by institutional investors and hedge funds.

GEE Group Company Profile

GEE Group Inc provides permanent and temporary professional and industrial staffing and placement services in the United States. The company operates through two segments, Industrial Staffing Services and Professional Staffing Services. It offers placement of information technology, accounting, finance, office, engineering, engineering professionals for direct hire and contract staffing services, and data entry assistants; and temporary staffing services for industrial clients.