Genius Sports Limited (NYSE:GENI) shares, rose in value, with the stock price up by 0.70% to the previous day’s close as strong demand from buyers drove the stock to $10.05.
Actively observing the price movement in the last trading, the stock closed the session at $9.98. Referring to stock’s 52-week performance, its high was $11.40, and the low was $5.03. On the whole, GENI has fluctuated by -6.86% over the past month.
With the market capitalization of Genius Sports Limited currently standing at about $2.56 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GENI’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% 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 GENI currently trading nearly -2.14% and -1.03% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.86, while the 7-day volatility ratio is showing 1.40% which for the 30-day chart, stands at 1.75%. Furthermore, Genius Sports Limited (GENI)’s beta value is 1.88, and its average true range (ATR) is 0.48.
A comparison of Genius Sports Limited (GENI) with its peers suggests the former has fared considerably weaker in the market. GENI showed an intraday change of 0.70% in last session, and over the past year, it grew by 96.67%%.
Data on historical trading for Genius Sports Limited (NYSE:GENI) indicates that the trading volumes over the past 3 months, they’ve averaged 4.41 million. According to company’s latest data on outstanding shares, there are 239.82 million shares outstanding.
Nearly 9.90% of Genius Sports Limited’s shares belong to company insiders and institutional investors own 86.56% of the company’s shares. The stock has risen by 16.18% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GENI stock heading into the next quarter.
