Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Genesis Electronics Group, Inc., through its subsidiaries, engages in the development of solar and alternative energy applications for consumer devices, such as mobile phones device. The company focuses on developing the SunBlazer, a solar-powered charger designed specifically for the Apple iPhones. It also owns mining rights to 13 gold mining claims the Osceola Mining District located in Nevada. The company was formerly known as Pricester.com, Inc. and changed its name to Genesis Electronics Group, Inc. in February 2009. Genesis Electronics Group, Inc. was founded in 2001 and is headquartered in Red Bank, New Jersey.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is 'expensive' on EV/EBITDA.
