StockNews.com Initiates Coverage on U.S. Global Investors (NASDAQ:GROW)

Investment analysts at StockNews.com assumed coverage on shares of U.S. Global Investors (NASDAQ:GROW) in a research note issued on Sunday. The firm set a “hold” rating on the asset manager’s stock.

U.S. Global Investors Stock Performance

GROW stock opened at $2.42 on Friday. The company has a market cap of $32.73 million, a price-to-earnings ratio of 18.62 and a beta of 1.83. The business’s 50-day moving average is $2.44 and its two-hundred day moving average is $2.53. U.S. Global Investors has a fifty-two week low of $2.38 and a fifty-two week high of $3.05.

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.