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Are You Looking for a Top Momentum Pick? Why Genius Sports Limited (GENI) is a Great Choice
GENIGenius Sports (GENI) ZACKS·2024-11-15 18:05

Company Overview - Genius Sports Limited (GENI) currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance expectations [4] Price Performance - Over the past week, GENI shares have increased by 12.75%, outperforming the Zacks Internet - Content industry, which rose by 2.43% [6] - In a longer timeframe, GENI's monthly price change is 24.37%, significantly higher than the industry's 1.58% [6] - Over the past quarter, GENI shares have risen by 21.48%, and over the last year, they have gained 88.18%, while the S&P 500 has only increased by 9.45% and 33.9%, respectively [7] Trading Volume - The average 20-day trading volume for GENI is 2,881,731 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for GENI has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from -0.20to0.20 to -0.15 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10]