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

Analysts at StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROW) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the asset manager’s stock.

U.S. Global Investors Price Performance

Shares of GROW stock opened at $2.42 on Tuesday. The company has a market cap of $32.73 million, a PE ratio of 18.62 and a beta of 1.83. U.S. Global Investors has a 12 month low of $2.38 and a 12 month high of $2.95. The business’s 50 day moving average is $2.44 and its two-hundred day moving average is $2.52.

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.