Is There More Upside Ahead For Genius Sports Limited (NYSE: GENI)

Genius Sports Limited (GENI) concluded trading on Wednesday at a closing price of $9.95, with 3.78 million shares of worth about $37.63 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 87.74% during that period and on December 04, 2024 the price saw a loss of about -0.50%. Currently the company’s common shares owned by public are about 211.14M shares, out of which, 188.47M shares are available for trading.

Stock saw a price change of 1.84% in past 5 days and over the past one month there was a price change of 47.63%. Year-to-date (YTD), GENI shares are showing a performance of 61.00% which increased to 78.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.91 but also hit the highest price of $10.15 during that period. The average intraday trading volume for Genius Sports Limited shares is 2.71 million. The stock is currently trading 9.30% above its 20-day simple moving average (SMA20), while that difference is up 23.15% for SMA50 and it goes to 50.54% higher than SMA200.

Genius Sports Limited (NYSE: GENI) currently have 211.14M outstanding shares and institutions hold larger chunk of about 79.48% of that.

The stock has a current market capitalization of $2.28B and its 3Y-monthly beta is at 2.13. It has posted earnings per share of -$0.32 in the same period. It has Quick Ratio of 1.50 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GENI, volatility over the week remained 4.28% while standing at 5.11% over the month.

Stock’s fiscal year EPS is expected to rise by 61.87% while it is estimated to increase by 103.40% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on June 13, 2024 offering a Buy rating for the stock and assigned a target price of $9 to it. Coverage by Goldman stated Genius Sports Limited (GENI) stock as a Buy in their note to investors on April 16, 2024, suggesting a price target of $7.50 for the stock. On April 05, 2024, B. Riley Securities Resumed their recommendations, while on December 21, 2023, Macquarie Initiated their ratings for the stock with a price target of $11. Stock get an Overweight rating from Cantor Fitzgerald on October 12, 2023.

Most Popular

Related Posts