Genius Group (NYSEAMERICAN:GNS) Shares Up 2.6% - Time to Buy?

Key Points

• Genius Group Limited's stock rose by 2.6% to $0.99, with 2,339,076 shares traded, marking a 16% decrease in trading volume from average sessions.
• An institutional investor, Stark Wealth Management LLC, purchased 18,600 shares of Genius Group valued at approximately $25,000, increasing the institutional ownership to 14.28%.
• The company's financial metrics indicate a strong liquidity position, with a current ratio of 2.16 and a debt-to-equity ratio of just 0.07.

Genius Group Limited (NYSEAMERICAN:GNS - )'s stock price shot up 2.6% during trading on Wednesday . The company traded as high as $1.00 and last traded at $0.99. 2,339,076 shares were traded during trading, a decline of 16% from the average session volume of 2,786,014 shares. The stock had previously closed at $0.97.

Genius Group Stock Performance

The business has a fifty day simple moving average of $0.95 and a 200 day simple moving average of $0.69. The company has a current ratio of 2.16, a quick ratio of 2.12 and a debt-to-equity ratio of 0.07.

Institutional Investors Weigh In On Genius Group

An institutional investor recently bought a new position in Genius Group stock. Stark Wealth Management LLC bought a new stake in shares of Genius Group Limited (NYSEAMERICAN:GNS - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 18,600 shares of the company's stock, valued at approximately $25,000. 14.28% of the stock is owned by institutional investors and hedge funds.

Genius Group Company Profile

Genius Group Limited, through its subsidiaries, provides entrepreneur education system business development tools and management consultancy services to entrepreneurs and entrepreneur resorts. The company operates through two segments, Education and Campus. It develops comprehensive entrepreneurial education curriculum with a full suite of tools for student learning and faculty earning.

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