GENIE ENERGY LTD CLASS B stock forecast: down to 14.88 USD GNE stock price prognosis

STOCK

Forecast for Fri 07 Jun 2024 price 14.77

GENIE ENERGY LTD CLASS B stock price forecast for further price development down to -1.16% (time horizon: 1 day) and price target of 14.88 USD. Negative news sentiment. Short-term (time horizon: 2 weeks) GENIE ENERGY LTD CLASS B share price prediction for 2024-06-07 with daily closed price projections

Key Facts

Symbol GNE 

ISIN US3722842081 

CUSIP 372284208

Currency USD

Category Electric & Other Services Combined

Forecast price change %

News sentiment (-0.01)

News <--> Close correlation for next day influence ()

Relative Strength Index (RSI)

Finance numbers

Revenue 410,602,000.0

Earnings per share 0.15

Dividends 0.26

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Mirabito supplies only natural gas to commercial customers in Florida. As a result, Afek ceased its exploratory operations. One RCE represents 1,000 therms of natural gas or 10,000 kWh of electricity. GRE\'s REPs monthly churn rates average between four and seven percent per month. REP Industry Overview REPs operate in deregulated retail energy markets in the US. At December 31, 2020, the Company was in compliance with such covenants. Residents Energy denies any allegations of wrongdoing. Lumo Sweden Lumo Sweden is a Swedish REP founded in October 2019. Lumo Sweden started its commercial operations in April 2020. Lumo\'s branded site offers customers variable rate and fixed rate products. During 2020 physical sales were reduced due to Covid-19. In some territories, competitor REPs are affiliated with local utilities. In addition, OFGEM conducts quarterly review with our Orbits account manager. OFGEM also has the power to carry out ad-hoc inspections. There are 40 states that have a regulatory policy known as net metering. Many states also have adopted procurement requirements for renewable energy production. We compete on the basis of provision of services, customer service and price. Within this exercise there are inherent assumptions about consumption and pricing. 14 GRE is subject to litigation that may limit its operations. This program is a key to our control of bad debt risk in our REP business. Item 1B. Unresolved Staff Comments.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1528356/000121390021015538/0001213900-21-015538.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 78.12/100
    • Good financial position.
    • Company revenue is growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 3956
A - OSAIC HOLDINGS, INC. 2023-06-30 13417
PEAK6 Investments LLC 2022-12-31 153199
JPMORGAN CHASE & CO 2023-03-31 46920
VANGUARD GROUP INC 2023-03-31 1070710

Fund ownership list is based on filling form information

Fund name Date Amount Profile
MORGAN STANLEY PATHWAY FUNDS 2023-11-30 689 Long
ProShares Trust 2023-11-30 1592 Long
ProShares Trust 2023-11-30 918 Long
ProShares Trust 2023-11-30 45 Long
Goldman Sachs ETF Trust 2023-11-30 19201 Long

Insider trading for GENIE ENERGY LTD CLASS B

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1228153 Mason Joyce J 2023-12-11 SALE Accept Accept Accept Accept
1228152 Courter James A 2023-11-27 SALE Accept Accept Accept Accept
1533074 Rosenthal Alan B 2023-12-15 SALE Accept Accept Accept Accept
1533389 Goldin Avi 2023-11-29 SALE Accept Accept Accept Accept
Assets / Liabilities

Bollinger Bollinger Bands for GENIE ENERGY LTD CLASS B can provide the information where the market is moving based on price information.

GENIE ENERGY LTD CLASS B Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns GENIE ENERGY LTD CLASS B.

On-Balance Volume information for GENIE ENERGY LTD CLASS B. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for GENIE ENERGY LTD CLASS B. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for GENIE ENERGY LTD CLASS B. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for GENIE ENERGY LTD CLASS B. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for GENIE ENERGY LTD CLASS B. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for GENIE ENERGY LTD CLASS B. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for GENIE ENERGY LTD CLASS B. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

Moving Average Crossover

52W High 52W Low Market Cap

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GENIE ENERGY LTD CLASS B on Nasdaq

GENIE ENERGY LTD CLASS B on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 14.88 2024-04-13 09:46
2024-05-22 14.90 2024-04-13 09:46
2024-05-23 14.89 2024-04-13 09:46
2024-05-20 14.91 2024-04-13 09:46
2024-05-21 14.91 2024-04-13 09:46
2024-06-07 14.77 2024-04-13 09:46
2024-05-30 14.83 2024-04-13 09:46
2024-05-29 14.84 2024-04-13 09:46
2024-06-05 14.79 2024-04-13 09:46
2024-06-03 14.81 2024-04-13 09:46
2024-06-04 14.80 2024-04-13 09:46
2024-05-31 14.82 2024-04-13 09:46
2024-05-27 14.86 2024-04-13 09:46
2024-05-28 14.85 2024-04-13 09:46
2024-06-06 14.78 2024-04-13 09:46
2024-04-30 15.10 2024-04-13 09:46
2024-05-01 15.07 2024-04-13 09:46
2024-05-02 15.04 2024-04-13 09:46
2024-05-09 15.01 2024-04-13 09:46
2024-05-10 14.99 2024-04-13 09:46
2024-05-13 14.98 2024-04-13 09:46
2024-05-14 14.97 2024-04-13 09:46
2024-04-22 15.10 2024-04-13 09:46
2024-04-23 15.09 2024-04-13 09:46
2024-05-03 15.04 2024-04-13 09:46
2024-05-08 15.01 2024-04-13 09:46
2024-05-15 14.95 2024-04-13 09:46
2024-04-24 15.12 2024-04-13 09:46
2024-04-25 15.08 2024-04-13 09:46
2024-05-16 14.94 2024-04-13 09:46
2024-05-17 14.92 2024-04-13 09:46
2024-05-06 15.02 2024-04-13 09:46
2024-05-07 15.01 2024-04-13 09:46
2024-04-17 15.24 2024-04-13 09:46
2024-04-18 15.20 2024-04-13 09:46
2024-04-19 15.14 2024-04-13 09:46
2024-04-26 15.13 2024-04-13 09:46
2024-04-29 15.13 2024-04-13 09:46

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.