Genius Sports Limited (NYSE:GENI) went down by -4.22% from its latest closing price compared to the recent 1-year high of $25.18. The company’s stock price has collected -15.84% of loss in the last five trading sessions. Press Release reported on 07/15/21 that Genius Sports Announces Strategic Partnership With MEDIAPRO Canada to Accelerate the Growth of Canadian Soccer
Is It Worth Investing in Genius Sports Limited (NYSE :GENI) Right Now?
Opinions of the stock are interesting as 6 analysts out of 6 who provided ratings for Genius Sports Limited declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $30.67. GENI currently public float of 58.66M and currently shorts hold a 13.16% ratio of that float. Today, the average trading volume of GENI was 1.53M shares.
GENI’s Market Performance
GENI stocks went down by -15.84% for the week, with a monthly drop of -19.39% and a quarterly performance of -10.49%. The volatility ratio for the week stands at 6.62% while the volatility levels for the past 30 days are set at 5.31% for Genius Sports Limited. The simple moving average for the period of the last 20 days is -18.99% for GENI stocks with a simple moving average of -11.86% for the last 200 days.
Analysts’ Opinion of GENI
Many brokerage firms have already submitted their reports for GENI stocks, with Needham repeating the rating for GENI by listing it as a “Buy.” The predicted price for GENI in the upcoming period, according to Needham is $28 based on the research report published on June 07th of the current year 2021.
Goldman, on the other hand, stated in their research note that they expect to see GENI reach a price target of $31. The rating they have provided for GENI stocks is “Buy” according to the report published on June 02nd, 2021.
Oppenheimer gave a rating of “Outperform” to GENI, setting the target price at $25 in the report published on April 27th of the current year.
GENI Trading at -23.98% from the 50-Day Moving Average
After a stumble in the market that brought GENI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.37% of loss for the given period.
Volatility was left at 5.31%, however, over the last 30 days, the volatility rate increased by 6.62%, as shares sank -16.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.78% lower at present.
During the last 5 trading sessions, GENI fell by -15.84%, in comparison to the 20-day moving average, which settled at $17.76. In addition, Genius Sports Limited saw -17.51% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GENI
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.35.