Analysts Say You Should Hold Your Position In Genius Group Ltd (AMEX: GNS)

Genius Group Ltd (AMEX:GNS) traded at $0.44 at close of the session on Monday, April 08, made a downward move of -4.23% on its previous day’s price.

Looking at the stock we see that its previous close was $0.46 . In terms of its 52-week price range, GNS has a high of $2.48 and a low of $0.24. The company’s stock has gained about 36.17% over that past 30 days.

Genius Group Ltd has a market cap of $32.79 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 Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Looking further, we note the current price level is 3.46% off its SMA20 and 14.07% from its 50-day simple moving average. The RSI (14) is pointing at 52.53 while the volatility over the past week is 10.29% and jumps to 19.98% over the past one month. The beta value is 12.09, while the average true range (ATR) is currently pointing at 0.07.

Coming back to Genius Group Ltd (AMEX:GNS), we note that the average 3-month trading volume was 6.84 million, while that of the preceding 10-day period stands at 5.43 million. Current shares outstanding are 73.87 million.

The insiders hold 13.62% of the company’s shares while institutions hold 3.03%. The data shows that short shares as of Mar 15, 2024, stood at 3.24 million at a short ratio of 0.78. This represents a 3.33% short interest in shares outstanding on Mar 15, 2024. Shares short fall in March from the previous month at 6.75 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -33.04% down in year-to-date price movement.

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