16,300 Shares in Genasys Inc. (NASDAQ:GNSS) Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new position in Genasys Inc. (NASDAQ:GNSS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 16,300 shares of the company’s stock, valued at approximately $42,000.

A number of other large investors have also made changes to their positions in the business. Integrity Wealth Advisors Inc. acquired a new position in shares of Genasys during the fourth quarter worth $17,406,000. Sequoia Financial Advisors LLC increased its position in shares of Genasys by 2.1% during the fourth quarter. Sequoia Financial Advisors LLC now owns 477,883 shares of the company’s stock worth $1,242,000 after purchasing an additional 10,000 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Genasys by 3.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 170,234 shares of the company’s stock worth $443,000 after purchasing an additional 5,830 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Genasys during the fourth quarter worth $348,000. Finally, Aristides Capital LLC increased its position in shares of Genasys by 4.2% during the fourth quarter. Aristides Capital LLC now owns 115,619 shares of the company’s stock worth $301,000 after purchasing an additional 4,654 shares in the last quarter. 40.04% of the stock is owned by institutional investors and hedge funds.

Genasys Stock Performance

Shares of GNSS stock opened at $1.78 on Wednesday. The company has a current ratio of 1.33, a quick ratio of 0.97 and a debt-to-equity ratio of 0.91. The business’s fifty day simple moving average is $2.10 and its 200-day simple moving average is $2.74. Genasys Inc. has a 12-month low of $1.59 and a 12-month high of $4.04. The company has a market cap of $80.38 million, a PE ratio of -2.70 and a beta of 0.68.

Genasys (NASDAQ:GNSS) last released its earnings results on Tuesday, May 13th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.01). Genasys had a negative net margin of 109.39% and a negative return on equity of 122.99%. The firm had revenue of $6.93 million during the quarter, compared to analyst estimates of $8.05 million. Analysts expect that Genasys Inc. will post -0.23 earnings per share for the current fiscal year.

Genasys Profile

Genasys Inc engages in the design, development, and commercialization of critical communications hardware and software solutions to alert, inform, and protect people principally in North and South America, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Hardware and Software.