A new trading day began on Monday, with Sportradar Group AG (NASDAQ: SRAD) stock price down -3.90% from the previous day of trading, before settling in for the closing price of $17.68. SRAD’s price has ranged from $9.17 to $18.05 over the past 52 weeks.
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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%. Meanwhile, its annual earnings per share averaged 39.14%. With a float of $153.62 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 66.21%, operating margin of 4.4%, and the pretax margin is 6.47%.
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 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
According to the Wall Street analysts, stocks earnings will be around 39.14% 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
Here are Sportradar Group AG’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.57. Likewise, its price to free cash flow for the trailing twelve months is 15.31.
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)
The latest stats from [Sportradar Group AG, SRAD] show that its last 5-days average volume of 0.74 million was superior to 0.46 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.28%. Additionally, its Average True Range was 0.55.
During the past 100 days, Sportradar Group AG’s (SRAD) raw stochastic average was set at 86.74%, which indicates a significant increase from 19.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.47% in the past 14 days, which was lower than the 39.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.42, while its 200-day Moving Average is $11.73. Now, the first resistance to watch is $17.51. This is followed by the second major resistance level at $18.03. The third major resistance level sits at $18.37. If the price goes on to break the first support level at $16.65, it is likely to go to the next support level at $16.30. Assuming the price breaks the second support level, the third support level stands at $15.78.
Sportradar Group AG (NASDAQ: SRAD) Key Stats
With a market capitalization of 5.21 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 280,590 K while its latest quarter income was 40,970 K.
