The stock of GEE Group Inc. (AMEX:JOB) increased by $0.04 on Tuesday to $0.47, up 9.01 percent. The last five days have seen an average of 289,823 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$0.0150. The average number of shares traded over the last 20 days was 217,271, while the average volume over the last 50 days totaled 216,916.
JOB stock dropped -10.40% since last month. On 08/11/23, the company’s shares reached a one-month low of $0.4175. The stock touched a high of $0.80 on 01/09/23, after rallying from a low of $0.36 in 52 weeks. The price of JOB stock has declined by -3.67% or -$0.0150 this year, reaching a new high 3 times. Still, the stock price is down -41.00% from the 52-week high.
Valuation Metrics
GEE Group Inc. (JOB) has a trailing price-to-earnings (P/E) ratio of 17.48. Beta for the stock is 1.70. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.33, the price-to-book (PB) ratio of 0.52, and the price-to-cash flow ratio of 9.23.
Financial Health
For the three months ended March 30, GEE Group Inc.’s quick ratio was 3.60, while its current ratio was 3.60, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 36.40% percent. GEE Group Inc.’s EBITDA margin for the year ended March 30 was 8.00%, whereas its operating margin stood at 2.50% for the same period. Based on annual data, it had gross profit of $61.68 million and revenue of $165.11 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. JOB’s return on assets (ROA) during the last 12 months has been 2.70%. There was a 19.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 3.10%.
Earnings Surprise
According to GEE Group Inc.’s quarterly financial report for the quarter that ended March 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $38.86 million, while revenues fell by -1.98% to $41.15 million. It was predicted that GEE Group Inc.’s quarterly earnings would be $0.01, but it ended up being $0. EBITDA was $1.55 million for the quarter. At the end of GEE Group Inc.’s most recent quarter ended March 30, its liabilities totaled 15.29 million, while its total debt was $4.79 million. Equity owned by shareholders amounts to $114.45 million.
Technical Picture
Here’s a quick look at GEE Group Inc.’s (JOB) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 57.67%, suggesting the stock is Neutral, with a 64.15% historical volatility rate.
The stochastic %K and %D were 32.98% and 21.75% respectively, while the average true range (ATR) was 0.0291. Based on the 14-day stochastic reading of 62.84%, the RSI (14) reading is 51.60%. On the 9-day MACD Oscillator, the stock is at -0.0002.
Analyst Ratings
In its most recent analyst report, Alliance Global Partners raised its rating on GEE Group Inc. (AMEX: JOB) to a Buy. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned GEE Group Inc. (JOB) an Buy rating. JOB is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is JOB’s price target for the next 12 months?
The current consensus forecast for the stock is between $2.00 and $2.00, with a median target price of $2.00. In analyzing these forecasts, the average price target given by analysts for GEE Group Inc. (JOB) is $2.00.
