StockNews.com Initiates Coverage on U.S. Global Investors (NASDAQ:GROW)

Equities researchers at StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROWGet Free Report) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the asset manager’s stock.

U.S. Global Investors Stock Performance

NASDAQ:GROW opened at $2.44 on Wednesday. The stock has a 50-day moving average price of $2.49 and a 200 day moving average price of $2.56. The stock has a market capitalization of $33.01 million, a P/E ratio of 18.77 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:GROWGet Free Report) last announced its quarterly earnings results 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 3.68%. The business had revenue of $2.44 million for the quarter.

U.S. Global Investors Company Profile

(Get Free Report)

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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