Genius Brands International (NASDAQ:GNUS) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research downgraded shares of Genius Brands International (NASDAQ:GNUSGet Rating) from a hold rating to a sell rating in a research report released on Thursday, Zacks.com reports.

According to Zacks, “Genius Brands International, Inc. is a multimedia content and brand management company. It provides entertaining and enriching content and products for toddlers to Tweens. The Company’s portfolio includes Baby Genius, Secret Lab, Kid Genius, Mighty 7, Stan Lee Comics and Secret Millionaires Club, Llama Llama and a tween adventure series, Space Pop. Genius Brands International, Inc. is headquartered in Beverly Hills, USA. “

Shares of GNUS opened at $0.74 on Thursday. Genius Brands International has a 1-year low of $0.69 and a 1-year high of $2.32. The company has a market capitalization of $221.51 million, a P/E ratio of -1.71 and a beta of 1.85. The firm’s 50 day simple moving average is $0.88 and its 200 day simple moving average is $1.07.

Genius Brands International (NASDAQ:GNUSGet Rating) last issued its quarterly earnings results on Wednesday, April 6th. The company reported ($0.08) EPS for the quarter. Genius Brands International had a negative return on equity of 71.55% and a negative net margin of 1,604.17%. The company had revenue of $2.60 million during the quarter. As a group, research analysts anticipate that Genius Brands International will post -0.12 EPS for the current year.

A number of hedge funds have recently modified their holdings of the business. United Capital Financial Advisers LLC purchased a new position in shares of Genius Brands International in the 3rd quarter worth about $27,000. Two Sigma Securities LLC lifted its position in Genius Brands International by 51.2% in the 3rd quarter. Two Sigma Securities LLC now owns 21,719 shares of the company’s stock worth $30,000 after buying an additional 7,354 shares during the last quarter. Royal Bank of Canada boosted its stake in Genius Brands International by 887.1% in the second quarter. Royal Bank of Canada now owns 20,779 shares of the company’s stock worth $39,000 after buying an additional 18,674 shares in the last quarter. Credit Suisse AG bought a new position in Genius Brands International during the fourth quarter valued at approximately $41,000. Finally, Thrivent Financial for Lutherans purchased a new position in shares of Genius Brands International during the fourth quarter worth approximately $42,000. 19.54% of the stock is owned by hedge funds and other institutional investors.

About Genius Brands International (Get Rating)

Genius Brands International, Inc, a content and brand management company, creates and licenses multimedia content for toddlers to tweens worldwide. The company offers Rainbow Rangers, an animated series about the adventures of seven magical girls; Llama Llama, an animated series; SpacePop is a music and fashion driven animated property; Thomas Edison's Secret Lab, a STEM-based comedy adventure series; and Warren Buffet's Secret Millionaire's Club, an animated series for kids.

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