At the last check on Friday, GEE Group Inc.’s (AMEX:JOB) stock was down -$0.01, moving down -1.69 percent to $0.58. The average number of shares traded per day over the past five days has been 836,603 shares. 5 times new highs have been achieved over the past 5 days, with a $0.1490 gain in that time frame. In the last twenty days, the average volume was 353,816, while in the previous 50 days, it was 277,000.
Since last month, JOB stock rose 16.23%. Shares of the company fell to $0.4175 on 08/11/23, the lowest level in the past month. A 52-week high of $0.80 was reached on 08/18/23 after having rallying from a 52-week low of $0.36. Since the beginning of this year, JOB’s stock price has risen by 18.37% or $0.0890, and marked a new high 5 times. However, the stock has declined by -27.50% since its 52-week high.
Valuation Metrics
Right now, GEE Group Inc. (JOB) has a P/E ratio of about 21.48. The stock’s beta is 1.58. Besides these, the trailing price-to-sales (P/S) ratio of 0.41, the price-to-book (PB) ratio of 0.64, and the price-to-cash flow ratio of 11.34 may also be considered.
Financial Health
In the three months ended June 29, GEE Group Inc.’s quick ratio stood at 3.60, while its current ratio was 3.60, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 36.40% percent. In the year ended June 29, EBITDA margin amounted to 8.00%, whereas operating margins totaled 2.50%. Based on annual data, JOB earned $61.68 million in gross profit and brought in $165.11 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 19.80%. Return on equity (ROE) for the past 12 months was 3.10%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. JOB’s revenue fell -7.7% to $38.86 million during the quarter, while net income inched up to $38.17 million. While analysts expected GEE Group Inc. to report $0.01 quarterly earnings, the actual figure was $0.07 per share. During the quarter, the company generated $1.94 million in EBITDA. The liabilities of GEE Group Inc. were 13.3 million at the end of its most recent quarter ended June 29, and its total debt was $4.76 million. The value of shareholders’ equity is $113.15 million.
Technical Picture
This quick technical analysis looks at GEE Group Inc.’s (JOB) price momentum. With a historical volatility rate of 82.31%, the RSI 9-day stood at 76.17% on 17 August.
With respect to its five-day moving average, the current GEE Group Inc. price is up by +34.65% percent or $0.1490. At present, JOB shares trade +22.28% above its 20-day simple moving average and +56.49% percent above its 100-day simple moving average. However, the stock is currently trading approximately +8.22% above its SMA50 and -8.12% below its SMA200.
Stochastic coefficient K was 88.72% and Stochastic coefficient D was 78.70%, while ATR was 0.0396. Given the Stochastic reading of 83.90% for the 14-day period, the RSI (14) reading has been calculated as 69.70%. As of today, the MACD Oscillator reading stands at 0.0841, while the 14-day reading stands at 0.0918.
Analyst Ratings
Alliance Global Partners upgraded its rating on GEE Group Inc. (AMEX: JOB) to a Buy in a note to investors on July 02, 2020. The analysts firm previously had a Neutral rating on the stock.GEE Group Inc. (JOB) has been rated Buy by analysts. According to 0 brokerage firms, JOB is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate GEE Group Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $2.00, the current consensus forecast for the stock is $2.00 – $2.00. Based on these forecasts, analysts predict GEE Group Inc. (JOB) will achieve an average price target of $2.00.
