Sportradar Group AG (SRAD) is 4.51% away from 50-day simple Moving Average despite all headwinds

On Monday, Sportradar Group AG (NASDAQ: SRAD) was 4.07% up from the session before settling in for the closing price of $11.06. A 52-week range for SRAD has been $8.08 – $12.51.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 22.86%. When this article was written, the company’s average yearly earnings per share was at 1.04%. With a float of $149.36 million, this company’s outstanding shares have now reached $207.56 million.

The extent of productivity of a business whose workforce counts for 4383 workers is very important to gauge. In terms of profitability, gross margin is 61.91%, operating margin of 10.23%, and the pretax margin is 3.48%.

Sportradar Group AG (SRAD) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sportradar Group AG stocks. The insider ownership of Sportradar Group AG is 49.87%, while institutional ownership is 43.28%. 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) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 1.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 39.70% during the next five years compared to 44.32% growth over the previous five years of trading.

Sportradar Group AG (NASDAQ: SRAD) Trading Performance Indicators

You can see what Sportradar Group AG (SRAD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.18. Likewise, its price to free cash flow for the trailing twelve months is 11.92.

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 0.30 in one year’s time.

Technical Analysis of Sportradar Group AG (SRAD)

The latest stats from [Sportradar Group AG, SRAD] show that its last 5-days average volume of 1.1 million was superior to 0.38 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 41.19%. Additionally, its Average True Range was 0.56.

During the past 100 days, Sportradar Group AG’s (SRAD) raw stochastic average was set at 67.83%, which indicates a significant increase from 56.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.73% in the past 14 days, which was higher than the 33.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.03, while its 200-day Moving Average is $10.52. Now, the first resistance to watch is $12.42. This is followed by the second major resistance level at $13.33. The third major resistance level sits at $14.04. If the price goes on to break the first support level at $10.80, it is likely to go to the next support level at $10.09. The third support level lies at $9.18 if the price breaches the second support level.

Sportradar Group AG (NASDAQ: SRAD) Key Stats

There are 1,111,465K outstanding shares of the company, which has a market capitalization of 3.43 billion. As of now, sales total 949,850 K while income totals 37,510 K. Its latest quarter income was 288,680 K while its last quarter net income were -620 K.