Maxim Group Analysts Give GEE Group Inc (AMEX:JOB) a $10.00 Price Target

GEE Group Inc (AMEX:JOB) received a $10.00 price objective from research analysts at Maxim Group in a report issued on Tuesday, August 15th. The brokerage currently has a “buy” rating on the business services provider’s stock. Maxim Group’s price objective suggests a potential upside of 150.63% from the stock’s previous close.

Separately, Zacks Investment Research upgraded GEE Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 18th.

Shares of GEE Group (AMEX JOB) traded down 0.50% during trading on Tuesday, hitting $3.99. The stock had a trading volume of 50,208 shares. GEE Group has a one year low of $3.77 and a one year high of $7.00. The stock’s 50-day moving average price is $4.88 and its 200-day moving average price is $5.25. The company’s market cap is $39.41 million.

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Hedge funds have recently bought and sold shares of the company. Cadence Capital Management LLC grew its stake in shares of GEE Group by 3.0% in the first quarter. Cadence Capital Management LLC now owns 52,700 shares of the business services provider’s stock valued at $258,000 after buying an additional 1,512 shares in the last quarter. Vanguard Group Inc. grew its stake in GEE Group by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 77,099 shares of the business services provider’s stock valued at $399,000 after purchasing an additional 2,049 shares in the last quarter. Finally, Skylands Capital LLC grew its stake in GEE Group by 61.0% during the 1st quarter. Skylands Capital LLC now owns 184,963 shares of the business services provider’s stock valued at $916,000 after purchasing an additional 70,108 shares in the last quarter.

About GEE Group

GEE Group Inc, formerly General Employment Enterprises, Inc, is a provider of specialized staffing solutions. The Company operates through two segments: contract staffing services and direct hire placement. The Company’s professional staffing services provide information technology, engineering, medical and accounting professionals to clients on either a regular placement basis or a temporary contract basis.

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