How to Buy Genasys Stock
Genasys Inc
Genasys Inc. a global provider of critical communications hardware and software solutions worldwide. The company operates through two segments, Hardware and Software.
Genasys stock last closed at $2.15, up 2.38% from the previous day, and has decreased 26.87% in one year. It has underperformed other stocks in the Scientific & Technical Instruments industry by 0.29 percentage points. Genasys stock is currently +42.38% from its 52-week low of $1.51, and -45.15% from its 52-week high of $3.92.
There are currently 44.03M shares of GNSS outstanding. The market cap of GNSS is $94.66M. In the last 24 hours, 39,719 GNSS shares were traded.
How to Buy Genasys Stock
Wondering how to invest in Genasys stock? Here's how.
- Choose where to buy Genasys stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Genasys stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your info.
- Evaluate Genasys stock: The Genasys ticker symbol is GNSS. Is Genasys stock a good investment? Should you buy shares of GNSS? How do GNSS's underlying business fundamentals look? Do top analysts think Genasys is a good buy? Why has GNSS's stock price moved recently? (Hint: Our stock research tools can help you decide if GNSS is a good stock to buy).
- Make your GNSS purchase: Decide if you will purchase GNSS shares at the current market price or use a limit order to purchase GNSS stock at a given price.
- Get key alerts regarding your investment in GNSS: Create a watchlist to watch your position in Genasys stock.
Step 1: Choose where to buy Genasys stock
You will need a brokerage account to access the NASDAQ market and buy GNSS shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
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- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you can buy GNSS stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on stock market apps, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring funds into your investment account.
Step 4: Evaluate Genasys stock
After you have identified the best place to buy Genasys stock, it's important to research their stock before you invest, so you truly wrap your head around the risk and upside.
Genasys shares data
Genasys Due Diligence Checks
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on GNSS's stock page.
Is GNSS stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GNSS's fair value.
Using relative valuations ratios:
- GNSS could be undervalued based on its P/B ratio of 2.33x, relative to Scientific & Technical Instruments industry P/B ratio of 3.13x
You can do more valuation research on GNSS's stock here.
GNSS Financial Summary
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the GNSS balance sheet.
- GNSS has $13.56M in cash and short term investments. This is enough to cover its annual cash burn of $10.76M.
- GNSS has cash burn of 10755000. It has sufficient cash and short-term investments to cover this for at least one year.
- GNSS has a low debt to equity ratio of 0.4.
- There are more short-term assets than short-term liabilities on the GNSS balance sheet.
Negative Financial Indicators:
- Total GNSS debt is higher than 5 years ago, relative to shareholder equity.
- GNSS profit margin has gone down from -34.2% to -53.3% in the past year.
Do Wall Street analysts think it's a good time to buy GNSS stock
Out of 1 Equities analysts who give forecasts on GNSS, the consensus analyst rating on Genasys is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Genasys stock forecast page.
GNSS Momentum
GNSS Performance Numbers
Last year, GNSS revenue was $40.54M. During the past five year, GNSS's revenue has increased by 7.03% per year. This was slower than the Scientific & Technical Instruments industry average of 9.08%.
You can analyze GNSS's earnings and revenue performance here.
Who is buying/selling GNSS?
In the past 12 months, executives and large shareholders at GNSS have bought more shares than they have sold.
Dennis D. Klahn, CFOSecretary of GNSS, was the latest GNSS insider to sell. They sold $7,024.68 worth of GNSS stock on Feb 14, 2024.
Research more about who owns GNSS shares here.
Does GNSS provide a stable income stream?
No, Genasys doesn't provide an income stream by paying out dividends.
GNSS Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your GNSS purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open button and your broker will place your order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in GNSS
Now that you own some GNSS stock, you'll want to keep up with your investment.
Put GNSS on a watchlist to see the latest developments about your GNSS stock.
GNSS Feed
How to Buy Stock in Genasys
To summarize, here are the 6 steps to buy stock in Genasys:
- Choose where to buy Genasys stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Genasys stock
- Make your GNSS purchase
- Get key alerts regarding your investment in GNSS
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Genasys, add GNSS to your watchlist by clicking the button below.
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