Genasys Inc. (NASDAQ:GNSS) Stock Holdings Lowered by Renaissance Technologies LLC

Renaissance Technologies LLC trimmed its holdings in shares of Genasys Inc. (NASDAQ:GNSS) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 176,836 shares of the company’s stock after selling 14,100 shares during the period. Renaissance Technologies LLC owned about 0.39% of Genasys worth $460,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Evernest Financial Advisors LLC bought a new stake in shares of Genasys during the 4th quarter worth $49,000. Barclays PLC acquired a new position in shares of Genasys in the 3rd quarter valued at $70,000. Y Intercept Hong Kong Ltd purchased a new position in Genasys in the 4th quarter worth about $63,000. Intergy Private Wealth LLC acquired a new stake in Genasys during the 4th quarter worth about $68,000. Finally, O Shaughnessy Asset Management LLC purchased a new stake in Genasys during the fourth quarter valued at about $71,000. 40.04% of the stock is currently owned by institutional investors.

Genasys Stock Performance

Genasys stock opened at $2.10 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.33 and a quick ratio of 0.97. The company has a market cap of $94.36 million, a P/E ratio of -3.18 and a beta of 0.68. Genasys Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $4.04. The firm’s 50 day simple moving average is $2.23 and its 200-day simple moving average is $2.90.

Genasys (NASDAQ:GNSS) last announced its earnings results on Tuesday, February 11th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.07. Genasys had a negative net margin of 109.39% and a negative return on equity of 122.99%. As a group, equities research analysts predict that Genasys Inc. will post -0.23 EPS for the current year.

Genasys Company 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.