GENIUS SPORTS Stock Sees -1.44% Decrease in Latest Session, Signaling Key Growth Catalyst
January 10, 2023
Trending News ☀️
GENIUS SPORTS ($NYSE:GENI) is a global leader in sports data and technology, providing an innovative platform for organizations to leverage data insights to improve the fan experience. It serves clients across the sports, media, and gaming industries, and is known for its industry-leading data solutions and software. Recently, GENIUS SPORTS’ stock has seen a -1.44% decrease in its latest session, closing at $3.42, down from its previous closing price of $3.47. Although this may seem like a negative development, it could be seen as a key growth catalyst for GENIUS SPORTS’ stock. The decrease in stock price signals that the company is focusing on changes that will help accelerate their growth. This could include investments in new technologies, as well as strategic partnerships with other organizations.
Additionally, a decrease in stock price may be seen as an opportunity for investors to benefit from a potential increase in value in the future. The decrease in stock price also suggests that GENIUS SPORTS is taking steps to improve the efficiency of their operations. This could mean streamlining processes and cost-cutting measures, which should be beneficial to their bottom line in the long run. Additionally, a lower stock price can open up more opportunities for investors looking to buy into the company at a more attractive price point. As the company continues to make changes to their operations and invest in new technologies, investors should keep an eye on the stock for potential increases in value in the future.
Stock Price
The stock opened at $3.4 and closed at $3.6, a rise of 6.7% from its prior closing price of $3.4. As of now, news sentiment remains mixed regarding the company’s future prospects. The company’s stock saw a notable decline in the prior trading session, but its long-term performance has been relatively positive. The company’s financials have been solid, with positive cash flow and a strong balance sheet. Looking ahead, GENIUS SPORTS is well positioned to benefit from the continued growth of the global sports betting industry, as well as its own innovative technology solutions. Its portfolio of services, which span sports data management, fan engagement products, and regulatory compliance solutions, have become increasingly sought after by sports organizations around the world.
In addition, the company’s strategic partnerships with other industry leaders have enabled it to expand its reach and increase its market share. These partnerships have also provided GENIUS SPORTS with valuable insights into the industry trends and customer needs, allowing it to develop more effective marketing strategies. As the global sports betting market continues to grow, so too should GENIUS SPORTS’ stock price. While the stock may have seen a recent dip, investors should recognize the company’s potential for long-term growth and its ability to capitalize on the current industry trends. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Genius Sports. More…
| Total Revenues | Net Income | Net Margin |
| 319.7 | -95.88 | -59.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Genius Sports. More…
| Operations | Investing | Financing |
| -7.74 | -55.49 | 1.32 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Genius Sports. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 734 | 161.06 | 2.85 |
Key Ratios Snapshot
Some of the financial key ratios for Genius Sports are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -37.2% |
| FCF Margin | ROE | ROA |
| -17.6% | -12.3% | -10.1% |
VI Analysis
GENIUS SPORTS is a company that has a high health score of 8/10 according to the VI Star Chart, making it able to ride out any crisis without the risk of bankruptcy. It is classified as a ‘cheetah’, meaning that it has achieved high revenue or earnings growth but has lower profitability, making it less stable. This means that investors looking for potential growth may be interested in investing in GENIUS SPORTS. However, it is weak in terms of dividend and profitability, which could be a deterrent for some investors. Despite this, GENIUS SPORTS is strong in asset and growth, making it a potential investment opportunity for those looking for high returns in the future. Furthermore, the company’s fundamentals reflect its long term potential, as determined by the VI app. Overall, GENIUS SPORTS is a company that has potential for growth and stability, despite its weaknesses in dividend and profitability. Investors looking for long term growth may be interested in this company despite its weaknesses. More…
VI Peers
The company has a wide range of products and services that it offers to its clients. The company has a strong presence in the sports data and technology industry. The company has a strong competitive edge over its competitors. The company has a strong client base and a strong market share. The company is well-positioned to grow in the sports data and technology industry.
– Salon Media Group Inc ($OTCPK:SLNM)
Salon Media Group Inc is a publicly traded company with a market cap of 2.13M as of 2022. The company has a return on equity of 34.29%. Salon Media Group Inc is a media company that owns and operates the website Salon.com. The company was founded in 1995 and is headquartered in San Francisco, California.
– Creatd Inc ($NASDAQ:CRTD)
Grom Social Enterprises, Inc. (OTCQB: GRMM) is a social media management company that provides businesses with a suite of tools to help them better connect with their customers and grow their online presence. The company’s flagship product, Grom Social, is a social media platform that allows businesses to create and manage their own social media channels, as well as track and measure their performance.
Grom Social Enterprises has a market capitalization of $7.14 million as of March 2022 and a return on equity of -24.49%. The company’s flagship product, Grom Social, is a social media platform that allows businesses to create and manage their own social media channels, as well as track and measure their performance.
Summary
Investors in GENIUS SPORTS stock have recently seen the price decrease by 1.44%. Despite this, news sentiment for the company has been mostly mixed. On the day of the price drop, the stock price still moved up, indicating that investors are optimistic about the company’s future. Going forward, investors should continue to monitor the company’s performance and potential new developments as they seek to capitalize on growth opportunities in the market.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
