Genius Sports Limited (GENI) plunged -2.81 in the last month: It’s impossible to believe the numbers

QCOM

Genius Sports Limited (NYSE: GENI) on May 23, 2023, started off the session at the price of $5.30, plunging -2.81% from the previous trading day. During the day, the shares moved up to $5.36 and dropped to $5.135 before settling in for the closing price of $5.33. Within the past 52 weeks, GENI’s price has moved between $2.20 and $5.82.

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The company achieved an average annual earnings per share of 77.20%. With a float of $116.37 million, this company’s outstanding shares have now reached $206.21 million.

The extent of productivity of a business whose workforce counts for 2100 workers is very important to gauge. In terms of profitability, gross margin is +0.59, operating margin of -45.91, and the pretax margin is -53.74.

Genius Sports Limited (GENI) Insider Updates

Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Genius Sports Limited is 44.37%, while institutional ownership is 35.20%.

Genius Sports Limited (GENI) Performance Highlights and Predictions

As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.12 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.09) by -$0.03. This company achieved a net margin of -53.26 while generating a return on equity of -28.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 77.20% per share during the next fiscal year.

Genius Sports Limited (NYSE: GENI) Trading Performance Indicators

Genius Sports Limited (GENI) is currently performing well based on its current performance indicators. A quick ratio of 1.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.07 in one year’s time.

Technical Analysis of Genius Sports Limited (GENI)

The latest stats from [Genius Sports Limited, GENI] show that its last 5-days average volume of 1.13 million was superior to 1.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 74.86%. Additionally, its Average True Range was 0.27.

During the past 100 days, Genius Sports Limited’s (GENI) raw stochastic average was set at 76.21%, which indicates a significant decrease from 82.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.55% in the past 14 days, which was lower than the 75.36% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.41, while its 200-day Moving Average is $4.45. Now, the first resistance to watch is $5.32. This is followed by the second major resistance level at $5.45. The third major resistance level sits at $5.54. If the price goes on to break the first support level at $5.09, it is likely to go to the next support level at $5.00. Assuming the price breaks the second support level, the third support level stands at $4.87.

Genius Sports Limited (NYSE: GENI) Key Stats

Market capitalization of the company is 1.22 billion based on 219,862K outstanding shares. Right now, sales total 341,030 K and income totals -181,640 K. The company made 97,230 K in profit during its latest quarter, and -25,170 K in sales during its previous quarter.