What Technical Indicators Show About GEE Group Inc. (JOB)?

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GEE Group Inc. (AMEX:JOB) finished Friday with an addition of $0.02 to close at $0.49, an upside of 4.26 percent. An average of 696,020 shares of common stock have been traded in the last five days. There was a fall of -$0.0108 in the past week, and it reached a new high 20 times over the past 12 months. The last 20 days have seen an average of 706,395 shares traded, while the 50-day average volume stands at 482,788.

JOB stock has decreased by -38.75% in the last month. The company shares reached their 1-month lowest point of $0.4644 on 12/29/22. With the stock rallying to its 52-week high on 12/05/22, shares of the company touched a low of $0.46 and a high of $0.80 in 52 weeks. It has reached a new high 19 times so far this year and lost -14.04% or -$0.0800 in price. In spite of this, the price is down -38.75% from the 52-week high.


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Valuation Metrics

GEE Group Inc. (JOB) has a trailing price-to-earnings (P/E) ratio of 2.44. The stock’s beta is 1.72. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.33, the price-to-book (PB) ratio at 0.55, and the price-to-cash flow ratio at 12.56.

Financial Health

The quick ratio of GEE Group Inc. for the three months ended September 29 was 3.00, and the current ratio was 3.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending September 29. Its gross profit as reported stood at $61.68 million compared to revenue of $165.11 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, GEE Group Inc.’s return on assets was 17.00%.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$0.79 million in the quarter, while revenues of $2.63 million were grew 478.48%. The analyst consensus anticipated GEE Group Inc.’s latest quarter earnings to come in at $0.02 per share, but it turned out to be -$0.01, a -150.00% surprise. For the quarter, EBITDA amounted to $0.61 million. Shareholders own equity worth $114.45 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at GEE Group Inc. (JOB) price momentum. RSI 9-day as of the close on 30 December was 25.26%, suggesting the stock is oversold, with historical volatility in this time frame at 108.66%.

As of today, JOB’s price is $0.4907 -2.16% or -$0.0108 from its 5-day moving average. JOB is currently trading -37.72% lower than its 20-day SMA and -7.20% lower than its 100-day SMA. However, the stock’s current price level is -22.22% below the SMA50 and -9.33% below the SMA200.

The stochastic %K and %D were 3.56% and 3.77%, respectively, and the average true range (ATR) was 0.0475. With the 14-day stochastic at 7.86% and the average true range at 0.0463, the RSI (14) stands at 27.64%. The stock has reached -0.0483 on the 9-day MACD Oscillator while the 14-day reading was at -0.1094.

Analyst Ratings

Alliance Global Partners upgraded GEE Group Inc. (AMEX: JOB) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for GEE Group Inc. (JOB) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell JOB, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

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