Genius Sports Limited (NYSE:GENI) went down by -6.12% from its latest closing price compared to the recent 1-year high of $25.18. The company’s stock price has collected -0.76% of loss in the last five trading sessions. Press Release reported 16 hours ago that Playmaker Selects Genius Sports to Supercharge Yardbarker’s Relationships With Leading Sportsbooks
Is It Worth Investing in Genius Sports Limited (NYSE :GENI) Right Now?
GENI currently public float of 58.66M and currently shorts hold a 7.69% ratio of that float. Today, the average trading volume of GENI was 1.59M shares.
GENI’s Market Performance
GENI stocks went down by -0.76% for the week, with a monthly jump of 11.99% and a quarterly performance of 15.82%. The volatility ratio for the week stands at 10.17% while the volatility levels for the past 30 days are set at 6.12% for Genius Sports Limited. The simple moving average for the period of the last 20 days is 8.13% for GENI stocks with a simple moving average of 17.30% for the last 200 days.
Analysts’ Opinion of GENI
Many brokerage firms have already submitted their reports for GENI stocks, with B. Riley Securities repeating the rating for GENI by listing it as a “Buy.” The predicted price for GENI in the upcoming period, according to B. Riley Securities is $32 based on the research report published on September 10th of the current year 2021.
Needham, on the other hand, stated in their research note that they expect to see GENI reach a price target of $28. The rating they have provided for GENI stocks is “Buy” according to the report published on June 07th, 2021.
Goldman gave a rating of “Buy” to GENI, setting the target price at $31 in the report published on June 02nd of the current year.
GENI Trading at 16.35% 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 -16.56% of loss for the given period.
Volatility was left at 6.12%, however, over the last 30 days, the volatility rate increased by 10.17%, as shares surge +13.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.02% upper at present.
During the last 5 trading sessions, GENI fell by -0.76%, in comparison to the 20-day moving average, which settled at $19.56. In addition, Genius Sports Limited saw 19.44% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GENI
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.35.