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GNE
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
702.45M

GNE GENIE ENERGY Ltd Forecast, Technical & Fundamental Analysis

a provider of oil and gas energy services

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for GNE with price predictions
07:00 PM EST Dec 05, 2023

GNE sees its Stochastic Oscillator climbs out of oversold territory

On December 06, 2023, the Stochastic Oscillator for GNE moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 56 instances where the indicator left the oversold zone. In of the 56 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 06, 2023. You may want to consider a long position or call options on GNE as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GNE advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 199 cases where GNE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for GNE moved out of overbought territory on November 20, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for GNE turned negative on November 27, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GNE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

GNE broke above its upper Bollinger Band on November 08, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GNE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: GNE's P/B Ratio (3.037) is slightly higher than the industry average of (1.564). P/E Ratio (12.953) is within average values for comparable stocks, (21.397). GNE's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.610). GNE has a moderately low Dividend Yield (0.012) as compared to the industry average of (0.051). P/S Ratio (1.583) is also within normal values, averaging (3.247).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nextera Energy Inc (NASDAQ:NEE), Southern Company (The) (NASDAQ:SO), PG&E Corp (NASDAQ:PCG), Dominion Energy (NASDAQ:D), NRG Energy (NASDAQ:NRG).

Industry description

Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc. and Southern Company are among U.S. electric utilities companies with the largest market capitalizations.

Market Cap

The average market capitalization across the Electric Utilities Industry is 16.5B. The market cap for tickers in the group ranges from 500 to 121.4B. NEE holds the highest valuation in this group at 121.4B. The lowest valued company is SLTZ at 500.

High and low price notable news

The average weekly price growth across all stocks in the Electric Utilities Industry was 2%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was -4%. EWCLF experienced the highest price growth at 30%, while HAWEL experienced the biggest fall at -21%.

Volume

The average weekly volume growth across all stocks in the Electric Utilities Industry was -22%. For the same stocks of the Industry, the average monthly volume growth was -8% and the average quarterly volume growth was 37%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 40
P/E Growth Rating: 69
Price Growth Rating: 49
SMR Rating: 79
Profit Risk Rating: 72
Seasonality Score: 22 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
published Dividends

GNE paid dividends on November 21, 2023

GENIE ENERGY Ltd GNE Stock Dividends
А dividend of $0.08 per share was paid with a record date of November 21, 2023, and an ex-dividend date of November 10, 2023. Read more...
A.I. Advisor
published General Information

General Information

a provider of oil and gas energy services

Industry ElectricUtilities

Profile
Fundamentals
Details
Industry
Electric Utilities
Address
520 Broad Street
Phone
+1 973 438-3500
Employees
125
Web
https://www.genie.com
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GNE and

Correlation & Price change

A.I.dvisor tells us that GNE and HE have been poorly correlated (+29% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that GNE and HE's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GNE
1D Price
Change %
GNE100%
+5.93%
HE - GNE
29%
Poorly correlated
+0.30%
WEC - GNE
28%
Poorly correlated
+1.41%
ED - GNE
27%
Poorly correlated
+0.50%
UTL - GNE
27%
Poorly correlated
+0.86%
CMS - GNE
27%
Poorly correlated
+0.87%
More

Groups containing GNE

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GNE
1D Price
Change %
GNE100%
+5.93%
gas energy
(undefined stocks)
97%
Closely correlated
+3.92%
electrical
(undefined stocks)
24%
Poorly correlated
+0.28%
oil
(undefined stocks)
23%
Poorly correlated
-1.65%
Utilities
(undefined stocks)
20%
Poorly correlated
+0.35%
electric power
(undefined stocks)
20%
Poorly correlated
+0.94%
More