Sportradar Group AG (NASDAQ: SRAD) on Tuesday, soared 0.93% from the previous trading day, before settling in for the closing price of $17.28. Within the past 52 weeks, SRAD’s price has moved between $9.17 and $18.05.
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A company in the Technology sector has jumped its sales by 22.86% annually for the last half of the decade. The company achieved an average annual earnings per share of 41.69%. With a float of $153.62 million, this company’s outstanding shares have now reached $207.56 million.
In an organization with 4383 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 66.21%, operating margin of 4.4%, and the pretax margin is 6.47%.
Sportradar Group AG (SRAD) Insider Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Sportradar Group AG is 48.44%, while institutional ownership is 45.05%. 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
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.11 earnings per share (EPS) for the period topping the consensus outlook (set at 0.05) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 48.00% 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
Sportradar Group AG (SRAD) is currently performing well based on its current performance indicators. A quick ratio of 1.53 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 4.56. Likewise, its price to free cash flow for the trailing twelve months is 15.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.21, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.27 in one year’s time.
Technical Analysis of Sportradar Group AG (SRAD)
Let’s dig in a bit further. During the last 5-days, its volume was 1.1 million. That was better than the volume of 0.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.82%. Additionally, its Average True Range was 0.54.
During the past 100 days, Sportradar Group AG’s (SRAD) raw stochastic average was set at 92.37%, which indicates a significant increase from 53.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.77% in the past 14 days, which was lower than the 38.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.02, while its 200-day Moving Average is $11.58. However, in the short run, Sportradar Group AG’s stock first resistance to watch stands at $17.64. Second resistance stands at $17.84. The third major resistance level sits at $18.04. If the price goes on to break the first support level at $17.25, it is likely to go to the next support level at $17.05. Assuming the price breaks the second support level, the third support level stands at $16.85.
Sportradar Group AG (NASDAQ: SRAD) Key Stats
Market capitalization of the company is 5.20 billion based on 1,111,465K outstanding shares. Right now, sales total 949,850 K and income totals 37,510 K. The company made 280,590 K in profit during its latest quarter, and 40,970 K in sales during its previous quarter.
