Genius Group Ltd: Does GNS Stock Make Heads Or Tails?

The trading price of Genius Group Ltd (AMEX:GNS) closed higher on Thursday, March 29, closing at $0.48, 2.80% higher than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $2.69 and a 52-week low of $0.24. Over the past month, the stock has gained 42.01% in value.

Genius Group Ltd, whose market valuation is $35.24 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0 per share this quarter, however they have predicted annual earnings per share of -$0.33 for 2023 and -$0.16 for 2024. It means analysts are expecting annual earnings per share growth of 44.10% this year and 51.50% next year.

From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2023 is $28.58 million. The company’s revenue is forecast to grow by 57.10% over what it did in 2023.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Genius Group Ltd No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest GNS has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

A quick review shows that GNS’s price is currently 21.33% off the SMA20 and 26.37% off the SMA50. The RSI metric on the 14-day chart is currently showing 56.05, and weekly volatility stands at 15.85%. When measured over the past 30 days, the indicator reaches 18.41%. Genius Group Ltd (AMEX:GNS)’s beta value is currently sitting at 12.00, while the Average True Range indicator is currently displaying 0.07.

To see how Genius Group Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: GNS stock’s performance was 2.80% in the latest trading, and -75.16% in the past year.

An evaluation of the daily trading volume of Genius Group Ltd (AMEX:GNS) indicates that the 3-month average is 6.61 million. However, this figure has increased over the past 10 days to an average of 18.85 million.

Currently, records show that 73.87 million of the company’s shares remain outstanding. The insiders hold 13.62% of outstanding shares, whereas institutions hold 3.03%. The stats also highlight that short interest as of Mar 15, 2024, stood at 3.24 million shares, resulting in a short ratio of 0.78 at that time. From this, we can conclude that short interest is 3.33% of the company’s total outstanding shares. It is noteworthy that short shares in March were down slightly from the previous month’s figure, which was 6.75 million. However, since the stock’s price has seen -28.04% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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