U.S. Global Investors (NASDAQ:GROW) Now Covered by StockNews.com

StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROW) in a research note issued on Saturday. The brokerage set a “hold” rating on the asset manager’s stock.

U.S. Global Investors Trading Up 0.4 %

Shares of GROW opened at $2.44 on Friday. The stock’s 50 day moving average is $2.44 and its two-hundred day moving average is $2.54. U.S. Global Investors has a twelve month low of $2.38 and a twelve month high of $3.05. The firm has a market capitalization of $33.01 million, a PE ratio of 18.77 and a beta of 1.83.

U.S. Global Investors (NASDAQ:GROW) last posted its quarterly earnings results on Tuesday, September 10th. The asset manager reported $0.02 earnings per share for the quarter. The firm had revenue of $2.44 million for the quarter. U.S. Global Investors had a return on equity of 3.68% and a net margin of 18.23%.

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.