Genius Brands International Inc. (NASDAQ:GNUS) does about 1.40M shares in volume on a normal day but saw 3152978 shares change hands in Monday trading. The company now has a market cap of 210.83M USD. Its current market price is $0.70, marking an increase of 1.90% compared to the previous close of $0.69. The 52 week high reached by this stock is $1.24 whilst the lowest price level in 52 weeks is $0.45. The script in recent trading has seen the stock touch a high of $0.72 and a low of $0.681.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our
5 Best Growth Stocks To Own For 2023.
Sponsored
Genius Brands International Inc. (GNUS) has a 20-day trading average at $0.5754 and the current price is -43.30% off the 52-week high compared with 56.24% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6342 and its 200-day simple moving average is $0.7032. If we look at the stock’s price movements over the week, volatility stands at 8.13%, which increases to 8.19% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.02 to suggest the stock is neutral.
1 analysts observing the Genius Brands International Inc. (GNUS) stock have set the 12-month price targets for the company’s shares at between $5.00 and $5.00. The median price target is 86.0% away from the current levels at $5.00.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 15, 2021 when Dawson James initiated the stock to “Buy” and issued a price target of $5.
The current price level is 23.96%, 10.92%, and -0.23% away from its SMA20, SMA50, and SMA200 respectively, with the GNUS price moving below the 50-day SMA on January 23. Genius Brands International Inc. (GNUS) stock is up 1.90% over the week and 27.84% over the past month. Its price is 51.20% year-to-date and -22.84% over the past year.
The company’s next earnings report is expected on 05/16/2023. Expected sales for next quarter are $16.23 million, which analysts say will come at $61.39 million for the current fiscal year and next year at $82.68 million. In addition, estimates put the company’s current quarterly revenue at an average of $22.76 million.
Its 12-month price target is $5.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $5.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $5.00.
Outstanding shares total 317.28M with insiders holding 7.76% of the shares and institutional holders owning 10.51% of the company’s common stock. The company has a return on investment of -42.70% and return on equity of -45.40%. The beta has a value of 1.96. Price to book ratio is 1.76 and price to sales ratio is 4.60.
Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by Vanguard Extended Market Index Fu, which added 6388.0 shares to end up with 4,117,995 shares worth $1.91 million.
