Endeavor Group Holdings Inc (NYSE:EDR) shares, rose in value on Friday, January 03, with the stock price down by -0.19% to the previous day’s close as strong demand from buyers drove the stock to $31.20.
Actively observing the price movement in the last trading, the stock closed the session at $31.26, falling within a range of $31.11 and $31.345. The value of beta (5-year monthly) was 0.771. Referring to stock’s 52-week performance, its high was $31.49, and the low was $22.75. On the whole, EDR has fluctuated by 2.43% over the past month.
With the market capitalization of Endeavor Group Holdings Inc currently standing at about $21.35 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.24, with its dividend yield at 0.77%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EDR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of EDR currently trading nearly 0.78% and 3.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.71, while the 7-day volatility ratio is showing 0.82% which for the 30-day chart, stands at 0.88%. Furthermore, Endeavor Group Holdings Inc (EDR)’s beta value is 0.75, and its average true range (ATR) is 0.28.
A comparison of Endeavor Group Holdings Inc (EDR) with its peers suggests the former has fared considerably weaker in the market. EDR showed an intraday change of -0.19% in last session, and over the past year, it grew by 35.59%%.
Data on historical trading for Endeavor Group Holdings Inc (NYSE:EDR) indicates that the trading volumes over the past 10 days have averaged 0.86 and over the past 3 months, they’ve averaged 1.87 million. According to company’s latest data on outstanding shares, there are 307.86 million shares outstanding.
Nearly 31.34% of Endeavor Group Holdings Inc’s shares belong to company insiders and institutional investors own 72.38% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.96 million shares as on 2024-12-13, resulting in a short ratio of 6.03. According to the data, the short interest in Endeavor Group Holdings Inc (EDR) stood at 1182.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 12.31 million. The stock has fallen by -0.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EDR stock heading into the next quarter.
