Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Genius Sports Limited (NYSE: GENI) closed the day trading at $5.09 down -0.59% from the previous closing price of $5.12. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 1.54 million shares were traded. GENI stock price reached its highest trading level at $5.25 during the session, while it also had its lowest trading level at $5.08.
Ratios:
For a better understanding of GENI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 96.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on April 16, 2024, initiated with a Buy rating and assigned the stock a target price of $7.50.
On December 21, 2023, Macquarie started tracking the stock assigning a Outperform rating and target price of $11.Macquarie initiated its Outperform rating on December 21, 2023, with a $11 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GENI now has a Market Capitalization of 1067882048 and an Enterprise Value of 973005376. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.64 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 2.356 whereas that against EBITDA is -37.925.
Stock Price History:
Over the past 52 weeks, GENI has reached a high of $8.45, while it has fallen to a 52-week low of $3.55. The 50-Day Moving Average of the stock is -17.72%, while the 200-Day Moving Average is calculated to be -16.34%.
Shares Statistics:
Over the past 3-months, GENI traded about 2.37M shares per day on average, while over the past 10 days, GENI traded about 2034390 shares per day. A total of 209.12M shares are outstanding, with a floating share count of 156.13M. Insiders hold about 27.01% of the company’s shares, while institutions hold 61.12% stake in the company. Shares short for GENI as of 1711584000 were 5728363 with a Short Ratio of 2.42, compared to 1709164800 on 5578826. Therefore, it implies a Short% of Shares Outstanding of 5728363 and a Short% of Float of 3.73.
