The stock price of Sportradar Group AG (NASDAQ: SRAD) has dropped by -3.97 compared to previous close of 17.65. Despite this, the company has seen a fall of -2.47% in its stock price over the last five trading days. globenewswire.com reported 2024-11-25 that ST. GALLEN, Switzerland, Nov. 25, 2024 (GLOBE NEWSWIRE) — Sportradar (NASDAQ: SRAD) today announced the launch of generative AI (gen AI) audio, a new feature within its ad:s multi-channel marketing service. The tool leverages the power of gen AI integrated with Sportradar’s live data, to automate the creation of personalized, real-time audio adverts for sportsbook and casino operators across one of the fastest growing digital marketing channels globally.
Is It Worth Investing in Sportradar Group AG (NASDAQ: SRAD) Right Now?
Sportradar Group AG (NASDAQ: SRAD) has a price-to-earnings ratio that is above its average at 81.53x. The stock has a 36-month beta value of 2.20. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 1 as “sell.”
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The public float for SRAD is 153.62M, and at present, short sellers hold a 2.94% of that float. On November 26, 2024, the average trading volume of SRAD was 610.22K shares.
SRAD’s Market Performance
SRAD stock saw an increase of -2.47% in the past week, with a monthly gain of 35.93% and a quarterly increase of 43.52%. The volatility ratio for the week is 3.06%, and the volatility levels for the last 30 days are 3.77% for Sportradar Group AG (SRAD). The simple moving average for the last 20 days is 8.68% for SRAD’s stock, with a simple moving average of 48.21% for the last 200 days.
Analysts’ Opinion of SRAD
Many brokerage firms have already submitted their reports for SRAD stocks, with JP Morgan repeating the rating for SRAD by listing it as a “Overweight.” The predicted price for SRAD in the upcoming period, according to JP Morgan is $15 based on the research report published on October 21, 2024 of the current year 2024.
JMP Securities, on the other hand, stated in their research note that they expect to see SRAD reach a price target of $16. The rating they have provided for SRAD stocks is “Mkt Outperform” according to the report published on September 04th, 2024.
Jefferies gave a rating of “Buy” to SRAD, setting the target price at $16 in the report published on August 14th of the current year.
SRAD Trading at 24.52% from the 50-Day Moving Average
After a stumble in the market that brought SRAD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.09% of loss for the given period.
Volatility was left at 3.77%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares surge +33.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.76% upper at present.
During the last 5 trading sessions, SRAD fell by -2.04%, which changed the moving average for the period of 200-days by +62.14% in comparison to the 20-day moving average, which settled at $15.60. In addition, Sportradar Group AG saw 53.39% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SRAD starting from Koerl Carsten, who proposed sale 57,614 shares at the price of $11.18 back on Aug 09 ’24. After this action, Koerl Carsten now owns shares of Sportradar Group AG, valued at $644,125 using the latest closing price.
Koerl Carsten, the Officer of Sportradar Group AG, proposed sale 43,150 shares at $11.11 during a trade that took place back on Aug 08 ’24, which means that Koerl Carsten is holding shares at $479,396 based on the most recent closing price.
Stock Fundamentals for SRAD
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.66 for the gross margin
The net margin for Sportradar Group AG stands at 0.06. The total capital return value is set at 0.02. Equity return is now at value 6.93, with 3.20 for asset returns.
Based on Sportradar Group AG (SRAD), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 6.75. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 0.64.
Currently, EBITDA for the company is 285.01 million with net debt to EBITDA at -0.75. When we switch over and look at the enterprise to sales, we see a ratio of 4.29. The receivables turnover for the company is 6.28for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.
Conclusion
To sum up, Sportradar Group AG (SRAD) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
