The stock of Genius Sports Limited (GENI) has seen a -3.82% decrease in the past week, with a -8.88% drop in the past month, and a -25.04% decrease in the past quarter. The volatility ratio for the week is 2.87%, and the volatility levels for the past 30 days are at 3.92% for GENI. The simple moving average for the past 20 days is -6.77% for GENI’s stock, with a -16.29% simple moving average for the past 200 days.
Is It Worth Investing in Genius Sports Limited (NYSE: GENI) Right Now?
The stock has a 36-month beta value of 1.98. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GENI is 156.13M, and at present, short sellers hold a 4.24% of that float. On May 02, 2024, the average trading volume of GENI was 2.31M shares.
GENI) stock’s latest price update
The stock of Genius Sports Limited (NYSE: GENI) has decreased by -0.20 when compared to last closing price of 5.04. Despite this, the company has experienced a -3.82% fall in its stock price over the last five trading sessions. Business Wire reported 2024-04-24 that LONDON & NEW YORK–(BUSINESS WIRE)–Genius Sports Limited (“Genius Sports”) (NYSE:GENI) today announced that it will release its first quarter 2024 results before 8:00AM ET on Wednesday, May 8, 2024. At 8:00AM ET on the same day, Genius will host a conference call to discuss the results. Genius’ earnings press release and related materials will be available at investors.geniussports.com. To listen to the live audio webcast and Q&A, please visit Genius’ investor relations website at investor.
Analysts’ Opinion of GENI
Many brokerage firms have already submitted their reports for GENI stocks, with Goldman repeating the rating for GENI by listing it as a “Buy.” The predicted price for GENI in the upcoming period, according to Goldman is $7.50 based on the research report published on April 16, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see GENI reach a price target of $9. The rating they have provided for GENI stocks is “Buy” according to the report published on April 05th, 2024.
Macquarie gave a rating of “Outperform” to GENI, setting the target price at $11 in the report published on December 21st of the previous year.
GENI Trading at -14.82% 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 -40.47% of loss for the given period.
Volatility was left at 3.92%, however, over the last 30 days, the volatility rate increased by 2.87%, as shares sank -10.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.73% lower at present.
During the last 5 trading sessions, GENI fell by -3.82%, which changed the moving average for the period of 200-days by -33.64% in comparison to the 20-day moving average, which settled at $5.36. In addition, Genius Sports Limited saw -18.61% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GENI
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- 0.17 for the gross margin
The net margin for Genius Sports Limited stands at -0.21. The total capital return value is set at -0.12. Equity return is now at value -14.88, with -10.74 for asset returns.
Based on Genius Sports Limited (GENI), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 1.33. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -13.05.
Currently, EBITDA for the company is 8.94 million with net debt to EBITDA at -5.91. When we switch over and look at the enterprise to sales, we see a ratio of 2.4. The receivables turnover for the company is 3.53for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
To sum up, Genius Sports Limited (GENI) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
