Stock Groups

Is Genius Brands a Good Entertainment Stock to Buy? -Breaking

[ad_1]

© Reuters. Are Genius Brands good entertainment stocks to buy?

Shares of leading children’s media company Genius Brands International (NASDAQ:) plummeted more than 19% in price after the company last week announced its recent deal to acquire WOW! Unlimited Media. Additionally, the company is struggling financially and has poor profitability. The stock is therefore not worth betting on. Let’s find out.Genius Brands International, Inc. (GNUS) in Beverly Hill, Calif., is a prominent worldwide children’s media company that creates, produces, markets, and licenses branded children’s entertainment properties and consumer products for distribution in media and retail. Llama Llama is also licensed by it.

The stock has declined 25.3% in price over the past nine months and 11.5% over the past three months to close yesterday’s trading session at $1.39.

Though GNUS is working on various collaborative projects and major product launches to accelerate its growth, the company’s poor profitability and financial fragility could make investors anxious.

Continue reading on StockNews

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this website’s data including quotes, charts, or buy/sell signal information. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]