With 51381.0 shares changed hands, the volume of the stock remained lighter than its average volume of 96790.0 shares. During the session, the Scientific & Technical Instruments company that operates in wider Technology sector, reached to the highest price of $3.905 whereas the lowest price it dropped to was $3.78. The 52-week range on GNSS shows that it touched its highest point at $4.04 and its lowest point at $1.51 during that stretch. It currently has a 1-year price target of $5.08. Beta for the stock currently stands at 0.52.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GNSS was down-trending over the past week, with a drop of -1.56%, but this was down by -2.32% over a month. Three-month performance surged to 27.61% while six-month performance rose 109.39%. The stock gained 134.15% in the past year, while it has gained 86.70% so far this year. A look at the trailing 12-month EPS for GNSS yields -0.73 with Next year EPS estimates of -0.11. For the next quarter, that number is -0.11. This implies an EPS growth rate of -86.67% for this year and 80.95% for next year. EPS is expected to grow by 15.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -33.99%.
Float and Shares Shorts:
At present, 37.21 million GNSS shares are outstanding with a float of 36.56 million shares on hand for trading. On 2024-11-15, short shares totaled 0.73 million, which was 163.0 higher than short shares on 1728950400. In addition to Mr. Richard S. Danforth as the firm’s CEO & Director, Mr. Brian Matthew Alger C.F.A. serves as its Senior Vice President of Investor Relations and Corporate Development.
Institutional Ownership:
Through their ownership of 0.52566004 of GNSS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, GNSS reported revenue of $7167000.0 and operating income of -$5361000.0. The EBITDA in the recently reported quarter was -$4431000.0 and diluted EPS was -$0.15.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With GNSS analysts setting a high price target of 6.0 and a low target of 4.5, the average target price over the next 12 months is 5.08333. Based on these targets, GNSS could surge 58.31% to reach the target high and rise by 18.73% to reach the target low. Reaching the average price target will result in a growth of 34.12% from current levels.
Analysts have provided yearly estimates in a range of -$0.56982 being high and -$0.60942 being low. For GNSS, this leads to a yearly average estimate of -$0.58962. The surprise factor in the prior quarter was -$0.12. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.12. The average estimate for the next quarter is thus -$0.09.
