Genius Group Stock Scheduled to Reverse Split on Friday, November 20th (NYSEAMERICAN:GNS)

Genius Group Limited (NYSEAMERICAN:GNS) shares are set to reverse split before the market opens on Friday, November 20th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, November 19th.

Genius Group Stock Down 21.9%

NYSEAMERICAN GNS traded down $0.02 on Wednesday, reaching $0.08. 594,986 shares of the company’s stock traded hands, compared to its average volume of 3,186,299. Genius Group has a 12 month low of $0.09 and a 12 month high of $1.06. The stock has a 50-day simple moving average of $0.14 and a 200 day simple moving average of $0.25.

Genius Group (NYSEAMERICAN:GNS) last posted its quarterly earnings results on Monday, September 28th. The company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). The business had revenue of $3.10 million for the quarter, compared to analysts’ expectations of $9.07 million. As a group, analysts expect that Genius Group will post -0.08 EPS for the current fiscal year.

Institutional Trading of Genius Group

An institutional investor recently bought a new stake in Genius Group stock. StoneX Group Inc. purchased a new stake in shares of Genius Group Limited (NYSEAMERICAN:GNS) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 159,753 shares of the company’s stock, valued at approximately $26,000. StoneX Group Inc. owned 0.08% of Genius Group as of its most recent SEC filing. Institutional investors own 14.28% of the company’s stock.

Genius Group Company Profile

Genius Group Limited is a Singapore-based education technology company focused on entrepreneurship and lifelong learning. The company provides education, training and support for students, entrepreneurs and business leaders through a combination of digital platforms, online courses, mentoring and in-person programs. Its core platform, GeniusU, is designed to connect learners with courses, mentors, events and entrepreneurial resources. Genius Group also operates or develops entrepreneur-focused learning hubs and communities intended to combine education, innovation, networking and business services.