U.S. Global Investors (NASDAQ:GROW) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of U.S. Global Investors (NASDAQ:GROW) in a research report report published on Friday. The firm issued a hold rating on the asset manager’s stock.

U.S. Global Investors Trading Down 0.8 %

GROW opened at $2.46 on Friday. The stock has a market capitalization of $33.28 million, a PE ratio of 18.92 and a beta of 1.83. U.S. Global Investors has a 1-year low of $2.38 and a 1-year high of $2.95. The firm has a 50-day moving average price of $2.43 and a two-hundred day moving average price of $2.50.

U.S. Global Investors (NASDAQ:GROW) last issued its quarterly earnings results on Thursday, November 7th. 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 company had revenue of $2.16 million during the quarter.

U.S. Global Investors Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, January 27th. Shareholders of record on Tuesday, January 14th were paid a $0.0075 dividend. This represents a yield of 3.7%. The ex-dividend date was Monday, January 13th. U.S. Global Investors’s payout ratio is currently 69.24%.

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.