Genius Group Ltd (AMEX: GNS) Is Down -11.31% Year-To-Date, Analysts Forecast Major Price Rally

Genius Group Ltd (AMEX:GNS) traded at $0.59 at close of the session on Monday, March 18, made an upward move of 40.01% on its previous day’s price.

Looking at the stock we see that its previous close was $0.42 . In terms of its 52-week price range, GNS has a high of $3.07 and a low of $0.24. The company’s stock has gained about 58.98% over that past 30 days.

Genius Group Ltd has a market cap of $16.29 million. Estimates by analysts give the company expected earnings per share (EPS) of $0, with the EPS growth for the year raised at -$0.33 for 2023 and -$0.16 for next year. These figures represent 44.10% and 51.50% growth in EPS for the two years respectively.

According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2023 is expected to hit $28.58 million, or 57.10% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the GNS stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.

Looking further, we note the current price level is 72.48% off its SMA20 and 56.31% from its 50-day simple moving average. The RSI (14) is pointing at 74.11 while the volatility over the past week is 30.47% and jumps to 13.04% over the past one month. The beta value is 12.12, while the average true range (ATR) is currently pointing at 0.06.

Coming back to Genius Group Ltd (AMEX:GNS), we note that the average 3-month trading volume was 4.38 million, while that of the preceding 10-day period stands at 12.86 million. Current shares outstanding are 27.71 million.

The insiders hold 13.61% of the company’s shares while institutions hold 8.08%. The data shows that short shares as of Feb 29, 2024, stood at 5.96 million at a short ratio of 2.71. This represents a 6.11% short interest in shares outstanding on Feb 29, 2024. Shares short fall in February from the previous month at 8.1 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -11.31% down in year-to-date price movement.

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