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

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

U.S. Global Investors Stock Down 1.2 %

Shares of U.S. Global Investors stock opened at $2.53 on Monday. The firm has a market cap of $35.20 million, a price-to-earnings ratio of 21.08 and a beta of 1.83. The business has a 50-day moving average price of $2.59 and a 200-day moving average price of $2.64. U.S. Global Investors has a twelve month low of $2.47 and a twelve month high of $3.11.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in U.S. Global Investors stock. Vima LLC purchased a new stake in U.S. Global Investors, Inc. (NASDAQ:GROW) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 41,458 shares of the asset manager’s stock, valued at approximately $117,000. Vima LLC owned about 0.29% of U.S. Global Investors at the end of the most recent quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

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.