In yesterday’s Wall Street session, Genius Sports Limited (NYSE:GENI) shares traded at $8.76, up 0.46% from the previous session.
GENI stock price is now -1.92% away from the 50-day moving average and 25.32% away from the 200-day moving average. The market capitalization of the company currently stands at $2.01B.
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On April 16, 2024, Goldman recently initiated its ‘Buy’ rating on the stock quoting a target price of $7.50, while ‘B. Riley Securities’ rates the stock as ‘Buy’
In other news, Davison Jack, Officer bought 8,202 shares of the company’s stock on Jan 10 ’25. The stock was bought for $71,617 at an average price of $8.73. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 08 ’25, Officer Stevens Eric bought 13,736 shares of the business’s stock. A total of $122,157 was incurred on buying the stock at an average price of $8.89. A total of 10.73% of the company’s stock is owned by insiders.
During the past 12 months, Genius Sports Limited has had a low of $4.91 and a high of $10.33. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 1.50, and a quick ratio of 1.50. The fifty day moving average price for GENI is $8.8946 and a two-hundred day moving average price translates $6.9743 for the stock.
The latest earnings results from Genius Sports Limited (NYSE: GENI) was released for 2024-09-30. The net profit margin was -15.84% and return on equity was -12.94% for GENI. The company reported revenue of $120.2 million for the quarter, compared to $101.73 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.16 percent. For the current quarter, analysts expect GENI to generate $175.69M in revenue.
