U.S. Global Investors (NASDAQ:GROW) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of U.S. Global Investors (NASDAQ:GROW) in a report released on Sunday. The firm set a “hold” rating on the asset manager’s stock.

U.S. Global Investors Price Performance

Shares of U.S. Global Investors stock opened at $2.43 on Friday. U.S. Global Investors has a 1 year low of $2.38 and a 1 year high of $3.05. The firm’s 50-day moving average is $2.44 and its 200 day moving average is $2.53. The stock has a market cap of $32.87 million, a price-to-earnings ratio of 18.69 and a beta of 1.83.

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.