StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROW – Get Free Report) in a research report issued on Tuesday. The firm set a “hold” rating on the asset manager’s stock.
U.S. Global Investors Trading Up 1.6 %
Shares of NASDAQ:GROW opened at $2.51 on Tuesday. The company has a 50 day moving average of $2.50 and a 200 day moving average of $2.57. The stock has a market cap of $34.34 million, a P/E ratio of 19.31 and a beta of 1.85. U.S. Global Investors has a 12 month low of $2.38 and a 12 month high of $3.11.
U.S. Global Investors (NASDAQ:GROW – Get Free Report) last issued its quarterly earnings data on Tuesday, September 10th. The asset manager reported $0.02 EPS for the quarter. U.S. Global Investors had a net margin of 18.23% and a return on equity of 3.65%. The company had revenue of $2.44 million during the quarter.
About U.S. Global Investors
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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