Integrity Wealth Advisors Inc. purchased a new stake in Genasys Inc. (NASDAQ:GNSS - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,708,339 shares of the company's stock, valued at approximately $17,406,000. Genasys accounts for 12.7% of Integrity Wealth Advisors Inc.'s portfolio, making the stock its 2nd largest holding. Integrity Wealth Advisors Inc. owned about 14.93% of Genasys as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in GNSS. Evernest Financial Advisors LLC acquired a new stake in shares of Genasys in the fourth quarter valued at $49,000. Y Intercept Hong Kong Ltd bought a new position in shares of Genasys in the fourth quarter worth about $63,000. XTX Topco Ltd acquired a new position in shares of Genasys during the fourth quarter worth approximately $66,000. Intergy Private Wealth LLC bought a new stake in shares of Genasys during the fourth quarter valued at approximately $68,000. Finally, Barclays PLC bought a new stake in shares of Genasys during the third quarter valued at approximately $70,000. 40.04% of the stock is owned by institutional investors.
Genasys Trading Down 1.0 %
GNSS stock traded down $0.02 during trading on Friday, hitting $2.06. The company had a trading volume of 28,786 shares, compared to its average volume of 122,226. The firm has a 50-day moving average price of $2.46 and a 200-day moving average price of $3.02. Genasys Inc. has a 12 month low of $1.65 and a 12 month high of $4.04. The company has a quick ratio of 0.97, a current ratio of 1.33 and a debt-to-equity ratio of 0.91. The stock has a market cap of $92.56 million, a price-to-earnings ratio of -3.12 and a beta of 0.76.
Genasys (NASDAQ:GNSS - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported ($0.09) earnings per share for the quarter, topping analysts' consensus estimates of ($0.16) by $0.07. Genasys had a negative return on equity of 122.99% and a negative net margin of 109.39%. As a group, analysts predict that Genasys Inc. will post -0.23 earnings per share for the current year.
About Genasys
(
Free Report)
Genasys Inc engages in the design, development, and commercialization of critical communications hardware and software solutions to alert, inform, and protect people principally in North and South America, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Hardware and Software.
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