GVP Stock Summary and Trading Ideas (Gse Systems | NASDAQ:GVP)

GSE Systems Inc is a company engaged in providing engineering, staffing, and simulation software to clients in the power and process industries. It also provides interactive computer-based tutorials and simulation software for the refining, chemical, and petrochemical industries. It functions through two segments: The engineering segment and the Workforce Solutions segment. Its geographical segments include the United States, Europe, and Asia, out of which the majority of the revenue is generated from the United States.

Gse Systems trades on the NASDAQ stock market under the symbol GVP.

As of April 19, 2024, GVP stock price climbed to $2.65 with 29,221 million shares trading.

GVP has a beta of 2.75, meaning it tends to be more sensitive to market movements. GVP has a correlation of 0.05 to the broad based SPY ETF.

GVP has a market cap of $8.58 million. This is considered a Sub-Micro Cap stock.

Last quarter Gse Systems reported $10 million in Revenue and -$.28 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.53.

In the last 3 years, GVP stock traded as high as $22.00 and as low as $1.21.

The top ETF exchange traded funds that GVP belongs to (by Net Assets): VXF.

GVP has underperformed the market in the last year with a price return of -56.8% while the SPY ETF gained +21.2%. However, in the short term, GVP had mixed performance relative to the market. It has outperformed in the last 3 months, returning +108.7% vs +3.0% return in SPY. But in the last 2 weeks, GVP shares have been beat by the market, returning -14.0% compared to an SPY return of -4.5%.

GVP support price is $2.33 and resistance is $2.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GVP stock will trade within this expected range on the day.