Genasys Inc (GNSS) kicked off at the price of $1.81: Venture capitalists have an exciting new opportunity

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Genasys Inc (NASDAQ: GNSS) on Monday, soared 16.40% from the previous trading day, before settling in for the closing price of $1.55. Within the past 52 weeks, GNSS’s price has moved between $1.51 and $4.07.

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Technology Sector giant saw their annual sales surged by 13.50% over the last five years. The company achieved an average annual earnings per share of 50.67%. With a float of $37.20 million, this company’s outstanding shares have now reached $37.21 million.

The firm has a total of Jun 13 2016 workers. Let’s measure their productivity.

Genasys Inc (GNSS) Breakdown of a Key Holders of the stock

Observing investor behavior towards Scientific & Technical Instruments industry stocks is more important than anything else. The insider ownership of Genasys Inc is 15.49%, while institutional ownership is 42.28%. The most recent insider transaction that took place on Dec 14, was worth 37,000. In this transaction Director of this company bought 20,000 shares at a rate of $1.85, taking the stock ownership to the 268,152 shares. Before that another transaction happened on Dec 13, when Company’s Director bought 8,000 for $1.73, making the entire transaction worth $13,840. This insider now owns 248,152 shares in total.

Genasys Inc (GNSS) Recent Fiscal highlights

As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.07 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.08) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 50.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -33.99% drop over the previous five years of trading.

Genasys Inc (NASDAQ: GNSS) Trading Performance Indicators

Genasys Inc (GNSS) is currently performing well based on its current performance indicators. A quick ratio of 1.63 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.50, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 0.05 in one year’s time.

Technical Analysis of Genasys Inc (GNSS)

Analysing the last 5-days average volume posted by the [Genasys Inc, GNSS], we can find that recorded value of 0.25 million was better than the volume posted last year of 96728.0. As of the previous 9 days, the stock’s Stochastic %D was 37.97%. Additionally, its Average True Range was 0.12.

During the past 100 days, Genasys Inc’s (GNSS) raw stochastic average was set at 20.07%, which indicates a significant decrease from 54.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.43% in the past 14 days, which was higher than the 63.67% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7102, while its 200-day Moving Average is $2.3520. Now, the first resistance to watch is $1.9933. This is followed by the second major resistance level at $2.1767. The third major resistance level sits at $2.2933. If the price goes on to break the first support level at $1.6933, it is likely to go to the next support level at $1.5767. Now, if the price goes above the second support level, the third support stands at $1.3933.

Genasys Inc (NASDAQ: GNSS) Key Stats

Market capitalization of the company is 79.68 million based on 44,025K outstanding shares. Right now, sales total 46,660 K and income totals -18,400 K. The company made 10,700 K in profit during its latest quarter, and -10,060 K in sales during its previous quarter.