In a filing, Genasys Inc revealed its 10% Owner AWM Investment Company, Inc. unloaded Company’s shares for reported $0.26 million on Nov 01 ’24. In the deal valued at $3.67 per share,71,225 shares were sold. As a result of this transaction, AWM Investment Company, Inc. now holds 5,678,319 shares worth roughly $17.94 million.
Then, AWM Investment Company, Inc. sold 28,732 shares, generating $106,133 in total proceeds. Upon selling the shares at $3.69, the 10% Owner now owns 5,649,544 shares.
Before that, AWM Investment Company, Inc. sold 43 shares. Genasys Inc shares valued at $159 were divested by the 10% Owner at a price of $3.70 per share. As a result of the transaction, AWM Investment Company, Inc. now holds 5,678,276 shares, worth roughly $17.94 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 Tuesday, Genasys Inc [NASDAQ:GNSS] saw its stock fall -20.00% to $3.16. Over the last five days, the stock has lost -16.40%. Genasys Inc shares have risen nearly 55.67% since the year began. Nevertheless, the stocks have risen 91.52% over the past one year. While a 52-week high of $4.04 was reached on 12/09/24, a 52-week low of $1.51 was recorded on 02/02/24. SMA at 50 days reached $3.76, while 200 days put it at $2.73.
Levels Of Support And Resistance For GNSS Stock
The 24-hour chart illustrates a support level at 3.03, which if violated will result in even more drops to 2.89. On the upside, there is a resistance level at 3.42. A further resistance level may holdings at 3.67. The Relative Strength Index (RSI) on the 14-day chart is 28.52, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.88%. Stochastics %K at 51.27% 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 2024-11-15, growing by 30201.0 shares to a total of 0.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 0.7 million shares. There was a rise of 4.16%, which implies that there is a positive sentiment for the stock.
