At the last check on Thursday, Genius Sports Limited’s (NYSE:GENI) stock was up $0.07, moving up 1.11 percent to $6.69. The average number of shares traded per day over the past five days has been 888,359 shares. 5 times new highs have been achieved over the past 5 days, with a $0.47 gain in that time frame. In the last twenty days, the average volume was 1,649,030, while in the previous 50 days, it was 2,091,884.
Since last month, GENI stock retreated -9.54%. Shares of the company fell to $6.03 on 08/18/23, the lowest level in the past month. A 52-week high of $8.45 was reached on 08/07/23 after having rallying from a 52-week low of $3.12. Since the beginning of this year, GENI’s stock price has risen by 87.50% or $3.09, and marked a new high 20 times. However, the stock has declined by -20.78% since its 52-week high.
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Valuation Metrics
The stock’s beta is 1.97. Besides these, the trailing price-to-sales (P/S) ratio of 4.05, the price-to-book (PB) ratio of 2.32.
Financial Health
In the three months ended June 29, Genius Sports Limited’s quick ratio stood at 1.50, while its current ratio was 1.50, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 11.70% percent. In the year ended June 29, EBITDA margin amounted to -23.80%, whereas operating margins totaled -29.60%. Based on annual data, GENI earned $2.86 million in gross profit and brought in $341.03 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -31.20%. Return on equity (ROE) for the past 12 months was -29.40%.
In Genius Sports Limited’s quarter-end financial report for June 29, it reported total debt of $7.09 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. GENI’s revenue rose 22.96% during the quarter, while net income inched up to $341.03 million. While analysts expected Genius Sports Limited to report -$0.05 quarterly earnings, the actual figure was -$0.05 per share. During the quarter, the company generated $10.13 million in EBITDA. The liabilities of Genius Sports Limited were 167.54 million at the end of its most recent quarter ended June 29, and its total debt was $13.45 million.
Technical Picture
This quick technical analysis looks at Genius Sports Limited’s (GENI) price momentum. With a historical volatility rate of 31.38%, the RSI 9-day stood at 56.63% on 30 August.
With respect to its five-day moving average, the current Genius Sports Limited price is up by +7.59% percent or $0.47. At present, GENI shares trade -8.89% below its 20-day simple moving average and +43.84% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.88% above its SMA50 and +40.51% above its SMA200.
Stochastic coefficient K was 80.14% and Stochastic coefficient D was 60.11%, while ATR was 0.29. Given the Stochastic reading of 88.73% for the 14-day period, the RSI (14) reading has been calculated as 51.53%. As of today, the MACD Oscillator reading stands at 0.17, while the 14-day reading stands at 0.21.
Analyst Ratings
Lake Street launched its rating on Genius Sports Limited (NYSE: GENI) to a Buy in a note to investors on May 25, 2023. Genius Sports Limited (GENI) has been rated Buy by analysts. According to 0 brokerage firms, GENI is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Genius Sports Limited stock as buy, with 9 recommending it as overweight.
With a median target price of $9.50, the current consensus forecast for the stock is $7.00 – $15.00. Based on these forecasts, analysts predict Genius Sports Limited (GENI) will achieve an average price target of $9.75.
