A new trading day began on Tuesday, with Sportradar Group AG (NASDAQ: SRAD) stock price down -6.47% from the previous day of trading, before settling in for the closing price of $11.29. SRAD’s price has ranged from $8.08 to $12.68 over the past 52 weeks.
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Annual sales at Technology sector company grew by 22.86% over the past five years. Meanwhile, its annual earnings per share averaged 2.57%. With a float of $149.36 million, this company’s outstanding shares have now reached $207.56 million.
Let’s look at the performance matrix of the company that is accounted for 4383 employees.
Sportradar Group AG (SRAD) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Sportradar Group AG is 49.87%, while institutional ownership is 42.81%. The most recent insider transaction that took place on Aug 09 ’24, was worth 644,125. Before that another transaction happened on Aug 08 ’24, when Company’s Officer proposed sale 43,150 for $11.11, making the entire transaction worth $479,396.
Sportradar Group AG (SRAD) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 2.57% per share during the next fiscal year.
Sportradar Group AG (NASDAQ: SRAD) Trading Performance Indicators
Here are Sportradar Group AG’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.92. Likewise, its price to free cash flow for the trailing twelve months is 10.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.31 in one year’s time.
Technical Analysis of Sportradar Group AG (SRAD)
Sportradar Group AG (NASDAQ: SRAD) saw its 5-day average volume 0.88 million, a positive change from its year-to-date volume of 0.36 million. As of the previous 9 days, the stock’s Stochastic %D was 66.31%. Additionally, its Average True Range was 0.44.
During the past 100 days, Sportradar Group AG’s (SRAD) raw stochastic average was set at 44.98%, which indicates a significant increase from 22.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.78% in the past 14 days, which was higher than the 33.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.98, while its 200-day Moving Average is $10.47. Nevertheless, the first resistance level for the watch stands at $11.75 in the near term. At $12.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.62. If the price goes on to break the first support level at $9.88, it is likely to go to the next support level at $9.20. Assuming the price breaks the second support level, the third support level stands at $8.01.
Sportradar Group AG (NASDAQ: SRAD) Key Stats
With a market capitalization of 3.15 billion, the company has a total of 1,111,465K Shares Outstanding. Currently, annual sales are 949,850 K while annual income is 37,510 K. The company’s previous quarter sales were 288,680 K while its latest quarter income was -620 K.
