Genasys (NASDAQ:GNSS - Get Free Report) posted its earnings results on Tuesday. The company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.16) by $0.07, Zacks reports. Genasys had a negative net margin of 132.16% and a negative return on equity of 104.49%.
Genasys Stock Performance
Shares of GNSS traded down $0.18 during mid-day trading on Friday, reaching $3.38. 226,306 shares of the company's stock were exchanged, compared to its average volume of 136,454. The business's fifty day simple moving average is $2.88 and its 200-day simple moving average is $3.22. The stock has a market capitalization of $151.87 million, a PE ratio of -4.69 and a beta of 0.62. Genasys has a 52-week low of $1.65 and a 52-week high of $4.04. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.86 and a quick ratio of 1.34.
Analyst Upgrades and Downgrades
Separately, Ascendiant Capital Markets raised their price objective on Genasys from $4.75 to $5.50 and gave the stock a "buy" rating in a report on Monday, December 16th.
View Our Latest Report on Genasys
Insider Activity at Genasys
In related news, Director William H. Dodd acquired 16,327 shares of Genasys stock in a transaction on Wednesday, December 11th. The stock was purchased at an average cost of $2.65 per share, with a total value of $43,266.55. Following the purchase, the director now directly owns 59,159 shares in the company, valued at approximately $156,771.35. The trade was a 38.12 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 7.40% of the stock is owned by insiders.
About Genasys
(
Get 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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