Stocks of Genius Sports Limited (NYSE:GENI) traded higher last session on Wall Street, up 4.40% to $9.72.
GENI stock price is now 8.51% away from the 50-day moving average and 28.21% away from the 200-day moving average. The market capitalization of the company currently stands at $2.40B.
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 100,388 shares of the company’s stock on Jan 17 ’25. The stock was bought for $876,939 at an average price of $8.74. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 10 ’25, Officer Davison Jack bought 8,202 shares of the business’s stock. A total of $71,617 was incurred on buying the stock at an average price of $8.73. A total of 9.90% 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 1.43, and a quick ratio of 1.50.
The net profit margin was -12.34% and return on equity was -11.01% 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.
