Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Genius Sports Ltd before investing.

In this article, we go over a few key elements for understanding Genius Sports Ltd’s stock price such as:

• Genius Sports Ltd’s current stock price and volume
• Why Genius Sports Ltd’s stock price changed recently
• Upgrades and downgrades for GENI from analysts
• GENI’s stock price momentum as measured by its relative strength

About Genius Sports Ltd (GENI)

Before we jump into Genius Sports Ltd’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Genius Sports Limited is the official data, technology and broadcast partner that powers the ecosystem connecting sports, betting and media. Its products: Sports Technology and Services, Betting Technology, Content and Services and Media Technology, Content and Services. It builds and supplies technology and services that allow sports leagues to collect, analyze and monetize their data with added tools to deepen fan engagement. It provides sports leagues with bespoke monitoring technology and education services to help protect their competitions and athletes from the threats of match fixing and betting-related corruption. It offers official data, outsourced bookmaking, trading/risk management services and live audio-visual game content that is derived from its streaming partnerships with sports leagues. It builds and supplies technology, services and data that enables sportsbooks, sports organizations and other brands to target, acquire and retain sports fans as their customers.

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Genius Sports Ltd’s Stock Price as of Market Close

As of July 22, 2024, 4:00 PM, CST, Genius Sports Ltd’s stock price was $6.32.

Genius Sports Ltd is up 7.67% from its previous closing price of $5.87.

During the last market session, Genius Sports Ltd’s stock traded between $5.60 and $5.88. Currently, there are 229.33 million shares of Genius Sports Ltd stock available for purchase.

Unfortunately, Genius Sports Ltd’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Genius Sports Ltd Stock Price History

Genius Sports Ltd’s (GENI) price is currently up 15.96% so far this month.

During the month of July, Genius Sports Ltd’s stock price has reached a high of $6.40 and a low of $5.29.

Over the last year, Genius Sports Ltd has hit prices as high as $8.45 and as low as $4.62. Year to date, Genius Sports Ltd’s stock is up 77.03%.

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What Caused Genius Sports Ltd Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of July 19, 2024,, no analysts have changed their rating of Genius Sports Ltd’s stock over the last month.

Additionally, you'll want to evaluate Genius Sports Ltd’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Genius Sports Ltd’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Genius Sports Ltd’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Genius Sports Ltd (GENI) by visiting AAII Stock Evaluator.

Relative Price Strength of Genius Sports Ltd

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 19, 2024, Genius Sports Ltd has a weighted four-quarter relative price strength of -6.44%, which translates to a Momentum Score of 42 and is considered to be Average.

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Genius Sports Ltd Stock Price: Bottom Line

As of July 22, 2024, Genius Sports Ltd’s stock price is $6.32, which is up 7.67% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Genius Sports Ltd stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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