|Bid||1.0300 x 800|
|Ask||0.0000 x 2900|
|Day's Range||1.0100 - 1.0400|
|52 Week Range||0.1700 - 2.4900|
|Beta (5Y Monthly)||3.00|
|PE Ratio (TTM)||0.78|
|Earnings Date||Aug 12, 2020 - Aug 17, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 12, 2007|
|1y Target Est||1.75|
Company Reports Positive Trends, Positive EPS and Strengthened Balance SheetJACKSONVILLE, FL / ACCESSWIRE / August 17, 2020 / GEE Group Inc.
JACKSONVILLE, FL / ACCESSWIRE / July 2, 2020 / GEE Group Inc. (NYSE American: JOB) ("the Company" or "GEE Group"), a provider of professional staffing services and human resource solutions, today announced that it has successfully completed and closed a recapitalization and financial restructuring on June 30, 2020, that significantly strengthened its balance sheet through the elimination of over approximately $47 million in subordinated debt and mezzanine preferred stock financing while adding approximately over $40 million pre-tax to GEE Group's stockholders' equity. The deleveraging transactions resulted in the extinguishment of 100% of the Company's subordinated debt and preferred stock mezzanine financing.
Hedge fund Citadel, whose flagship portfolio is posting double-digit gains this year, has hired for its investment teams even as many corporations cut staff after the coronavirus outbreak shuttered large parts of the U.S. economy. Chicago-headquartered Citadel, which invests $32 billion, recruited four portfolio managers from other funds for its credit and equity teams, a Citadel spokeswoman said on Wednesday. Michael Gorun and Daniel Shatz will join the credit business in late June, working from New York.