Why Genius Group Ltd (AMEX: GNS) Is A Great Stock Pick For Momentum Investors

AMMJ Stock

Genius Group Ltd (AMEX:GNS) shares, rose in value, with the stock price down by -2.16% to the previous day’s close as strong demand from buyers drove the stock to $0.41.

Actively observing the price movement in the last trading, the stock closed the session at $0.42. Referring to stock’s 52-week performance, its high was $2.48, and the low was $0.24. On the whole, GNS has fluctuated by -3.08% over the past month.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 28.58M, with a low estimate of 12M and a high estimate of 12M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GNS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of GNS currently trading nearly -4.40% and 3.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.51, while the 7-day volatility ratio is showing 11.22% which for the 30-day chart, stands at 10.35%. Furthermore, Genius Group Ltd (GNS)’s beta value is 12.06, and its average true range (ATR) is 0.05.

A comparison of Genius Group Ltd (GNS) with its peers suggests the former has fared considerably weaker in the market. GNS showed an intraday change of -2.16% in last session, and over the past year, it shrunk by -57.86%%.

Data on historical trading for Genius Group Ltd (AMEX:GNS) indicates that the trading volumes over the past 3 months, they’ve averaged 5.73 million. According to company’s latest data on outstanding shares, there are 73.87 million shares outstanding.

Nearly 13.62% of Genius Group Ltd’s shares belong to company insiders and institutional investors own 3.03% of the company’s shares. The stock has fallen by -38.16% 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.

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