StockNews.com Begins Coverage of US Global Investors (NASDAQ:GROW)

Equities research analysts at StockNews.com have initiated coverage on the stock US Global Investors (NASDAQ:GROW – Get Free Report) in a research report issued on Thursday. The firm set a “hold” rating on the asset manager’s stock.

US Global Investors stock performance

Shares of US Global Investors stock opened at $2.55 on Thursday. The company has a market cap of $34.89 million, a P/E ratio of 21.25 and a beta of 1.83. US Global Investors has a one year low of $2.47 and a one year high of $3.11. The company has a fifty day moving average of $2.57 and a two hundred day moving average of $2.63.

Institutional inputs and outputs

An institutional investor recently bought a new position in shares of US Global Investors. Vima LLC purchased a new position in US Global Investors, Inc. (NASDAQ:GROW – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 41,458 shares of the asset manager’s stock, valued at approximately $117,000. Vima LLC owned 0.29% of US Global Investors at the end of the most recent reporting period. 23.62% of shares are owned by institutional investors and hedge funds.

About US Global Investors

(Get a free report)

US Global Investors, Inc is a public equity investment manager. It primarily offers its services to investment companies. The firm is a large consulting firm, an investment advisor to an investment company that provides portfolio management for investment companies. The firm manages and launches equity/balanced, fixed income and other funds.

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