Genasys Inc’s recently made public that its Director Culhane Mark acquired Company’s shares for reported $84906.0 on Aug 16 ’24. In the deal valued at $2.67 per share,31,800 shares were bought. As a result of this transaction, Culhane Mark now holds 69,387 shares worth roughly $0.22 million.
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Then, Culhane Mark bought 17,587 shares, generating $46,606 in total proceeds. Upon buying the shares at $2.65, the Director now owns 37,587 shares.
Before that, Culhane Mark bought 613 shares. Genasys Inc shares valued at $1,655 were divested by the Director at a price of $2.70 per share. As a result of the transaction, Culhane Mark now holds 70,000 shares, worth roughly $0.22 million.
Stephens initiated its Genasys Inc [GNSS] rating to an Overweight in a research note published on November 16, 2021; the price target was $8.
Price Performance Review of GNSS
On Friday, Genasys Inc [NASDAQ:GNSS] saw its stock jump 5.05% to $3.12. Over the last five days, the stock has gained 7.59%. Genasys Inc shares have risen nearly 53.69% since the year began. Nevertheless, the stocks have fallen -4.88% over the past one year. While a 52-week high of $3.92 was reached on 08/26/24, a 52-week low of $1.51 was recorded on 02/02/24. SMA at 50 days reached $2.57, while 200 days put it at $2.06.
Levels Of Support And Resistance For GNSS Stock
The 24-hour chart illustrates a support level at 3.01, which if violated will result in even more drops to 2.91. On the upside, there is a resistance level at 3.17. A further resistance level may holdings at 3.23. The Relative Strength Index (RSI) on the 14-day chart is 67.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.17%. Stochastics %K at 77.25% indicates the stock is a holding.
How much short interest is there in Genasys Inc?
A steep rise in short interest was recorded in Genasys Inc stocks on 2024-08-15, growing by 28532.0 shares to a total of 0.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 0.29 million shares. There was a rise of 8.94%, which implies that there is a positive sentiment for the stock.
