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

Shares of Genius Group Limited (NYSEAMERICAN:GNS) are going to reverse split on the morning of 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 Trading Down 21.9%

GNS stock traded down $0.02 during trading on Wednesday, hitting $0.08. 594,986 shares of the company traded hands, compared to its average volume of 3,186,299. Genius Group has a 1 year low of $0.09 and a 1 year high of $1.06. The company has a 50-day moving average of $0.14 and a 200-day moving average of $0.25.

Genius Group (NYSEAMERICAN:GNS) last issued its earnings results on Monday, September 28th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The company had revenue of $3.10 million for the quarter, compared to analysts’ expectations of $9.07 million. As a group, sell-side analysts anticipate that Genius Group will post -0.08 earnings per share for the current year.

Institutional Trading of Genius Group

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

About Genius Group

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.