Genius Group Ltd (GNS) Volatility Hits 9.62% – Here’s What A Good Investor Should Do

Genius Group Ltd (AMEX:GNS) concluded the trading at $0.47 on Thursday, April 11, with a rise of 9.10% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $0.43. Considering stock’s 52-week price range provides that GNS hit a high price of $2.48 and saw its price falling to a low level of $0.24 during that period. Over a period of past 1-month, stock came adding 54.89% in its value.

With its current market valuation of $34.65 million. Analysts are in estimates of $0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to -$0.33 for 2023 with estimates of that growing to -$0.16 in next year. These estimates are suggesting current year growth of 44.10% for EPS and 51.50% growth next year.

They suggested that in the process company could generate revenue of as low as $12 million which could climb up to $12 million to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $28.58 million in 2023, which will be 57.10% more from revenue generated by the company last year.

In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review GNS stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 100% Sell for it.

Digging deeper we become aware of the PEG ratio of the GNS stock which is currently positioned at 0. It further provides that stock’s current price level is 4.96% away from its 20-day simple moving average and is 20.01% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 55.31 while volatility remained at 9.62% over the past week which changes to 19.96% when measuring it over the past month. Beta is valued at 12.12, while measure of average true range or ATR is currently at 0.06.

Having a second look at Genius Group Ltd (AMEX:GNS) provides that stock’s average daily trading volume for 3 months was 6.90 million, while it jumped to 3.72 million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 73.87 million.

The percentage of outstanding shares held by the insiders is 13.62% while it is 3.03% for the institutional holders. The figures also indicate that as of Mar 28, 2024, number of stock’s short shares was 6.73 million which implies a short ratio of 0.61. This shows up a 6.90% of Short Interest in company’s outstanding shares on the day. In March the standing of shares short improved as it was 5.96 million in the previous month. Subtraction of -29.25% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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