Genius Group Limited (AMEX:GNS) shares, rose in value on Thursday, 05/25/23, with the stock price down by -4.53% to the previous day’s close as strong demand from buyers drove the stock to $0.75.
Actively observing the price movement in the last trading, the stock closed the session at $0.79, falling within a range of $0.72 and $0.77. Referring to stock’s 52-week performance, its high was $11.80, and the low was $0.30. On the whole, GNS has fluctuated by -12.28% over the past month.
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As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0, which is expected to increase to $0 for fiscal year -$0.19 and then to about -$0.12 by fiscal year 2023.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that GNS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
0 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 0 analyst(s), 0 recommend it as a Buy and 0 called the GNS stock Overweight. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is -.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of GNS currently trading nearly -23.70% and -44.63% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.99, while the 7-day volatility ratio is showing 6.87% which for the 30-day chart, stands at 14.40%. Furthermore, Genius Group Limited (GNS)’s average true range (ATR) is 0.15. The company’s stock has been forecasted to trade at an average price of $19.25 over the course of the next 52 weeks, with a low of $19.25 and a high of $19.25. Based on these price targets, the low is -2466.67% off current price, whereas the price has to move -2466.67% to reach the yearly target high. Additionally, analysts’ median price of $19.25 is likely to be welcomed by investors because it represents a decrease of -2466.67% from the current levels.
Data on historical trading for Genius Group Limited (AMEX:GNS) indicates that the trading volumes over the past 10 days have averaged 1.5 million and over the past 3 months, they’ve averaged 4.63 million. According to company’s latest data on outstanding shares, there are 24.31 million shares outstanding.
Nearly 51.19% of Genius Group Limited’s shares belong to company insiders and institutional investors own 0.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.22 million shares as on May 14, 2023, resulting in a short ratio of 0.36. According to the data, the short interest in Genius Group Limited (GNS) stood at 4.92% of shares outstanding as of May 14, 2023; the number of short shares registered in Apr 13, 2023 reached 1.38 million. The stock has risen by 128.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GNS stock heading into the next quarter.