GSE Systems (NASDAQ:GVP) Trading Down 0.2% – Here’s What Happened

GSE Systems, Inc. (NASDAQ:GVP)’s share price traded down 0.2% during mid-day trading on Friday . The company traded as low as $4.59 and last traded at $4.59. 134,500 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 84,138 shares. The stock had previously closed at $4.60.

GSE Systems Stock Performance

The company has a market capitalization of $15.93 million, a PE ratio of -1.81 and a beta of 1.37. The business has a fifty day moving average price of $4.34 and a 200 day moving average price of $3.90.

Institutional Investors Weigh In On GSE Systems

A hedge fund recently raised its stake in GSE Systems stock. Joel Isaacson & Co. LLC grew its holdings in shares of GSE Systems, Inc. (NASDAQ:GVP) by 96.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,780 shares of the company’s stock after buying an additional 13,609 shares during the quarter. Joel Isaacson & Co. LLC owned 0.86% of GSE Systems worth $113,000 as of its most recent SEC filing. Institutional investors and hedge funds own 21.78% of the company’s stock.

About GSE Systems

GSE Systems, Inc engages in the provision of professional and technical engineering services, staffing services, and simulation software to clients in the power and process industries in the United States, Asia, Europe, and internationally. It operates in two segments: Engineering and Workforce Solutions.