StockNews.com assumed coverage on shares of U.S. Global Investors (NASDAQ:GROW – Free Report) in a research report report published on Thursday morning. The firm issued a hold rating on the asset manager’s stock.
U.S. Global Investors Trading Down 0.4 %
Shares of NASDAQ GROW opened at $2.53 on Thursday. The business has a 50-day moving average of $2.57 and a 200-day moving average of $2.63. The firm has a market capitalization of $34.61 million, a price-to-earnings ratio of 21.08 and a beta of 1.83. U.S. Global Investors has a 12 month low of $2.47 and a 12 month high of $3.11.
U.S. Global Investors (NASDAQ:GROW – Get Free Report) last released its quarterly earnings results on Tuesday, September 10th. The asset manager reported $0.02 EPS for the quarter. The business had revenue of $2.44 million during the quarter. U.S. Global Investors had a net margin of 12.14% and a return on equity of 2.66%.
U.S. Global Investors Announces Dividend
Institutional Trading of U.S. Global Investors
A hedge fund recently bought a new stake in U.S. Global Investors stock. Vima LLC purchased a new position in shares of U.S. Global Investors, Inc. (NASDAQ:GROW – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 41,458 shares of the asset manager’s stock, valued at approximately $117,000. Vima LLC owned approximately 0.29% of U.S. Global Investors as of its most recent filing with the Securities and Exchange Commission (SEC). 23.62% of the stock is owned by hedge funds and other institutional investors.
U.S. Global Investors Company Profile
U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.
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