Sportradar Group AG (NASDAQ:SRAD - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $22.50 and last traded at $22.32, with a volume of 83348 shares. The stock had previously closed at $22.17.
Analyst Ratings Changes
SRAD has been the topic of several analyst reports. Citigroup lifted their price target on shares of Sportradar Group from $18.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, November 21st. Jefferies Financial Group upped their target price on shares of Sportradar Group from $17.00 to $23.00 and gave the stock a "buy" rating in a report on Wednesday, January 15th. Canaccord Genuity Group increased their price target on Sportradar Group from $20.00 to $28.00 and gave the stock a "buy" rating in a research note on Tuesday. Morgan Stanley boosted their price objective on Sportradar Group from $12.00 to $13.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. upgraded Sportradar Group from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $12.00 to $15.00 in a research report on Monday, October 21st. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $18.75.
Get Our Latest Stock Report on SRAD
Sportradar Group Trading Up 1.3 %
The company has a debt-to-equity ratio of 0.04, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market cap of $25.01 billion, a PE ratio of 112.51, a price-to-earnings-growth ratio of 1.49 and a beta of 2.21. The stock has a 50-day moving average price of $19.25 and a two-hundred day moving average price of $15.33.
Institutional Trading of Sportradar Group
Several hedge funds have recently modified their holdings of the company. nVerses Capital LLC increased its position in Sportradar Group by 45.5% in the third quarter. nVerses Capital LLC now owns 6,400 shares of the company's stock worth $78,000 after purchasing an additional 2,000 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Sportradar Group in the 3rd quarter worth $264,000. Wilson Asset Management International PTY Ltd. bought a new stake in shares of Sportradar Group in the 3rd quarter worth about $3,246,000. GW Henssler & Associates Ltd. purchased a new stake in shares of Sportradar Group during the 3rd quarter valued at about $150,000. Finally, Roubaix Capital LLC bought a new position in shares of Sportradar Group in the 3rd quarter valued at about $4,131,000.
About Sportradar Group
(
Get Free Report)
Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in the United Kingdom, the United States, Malta, Switzerland, and internationally. Its sports data services to the bookmaking under the Betradar brand name, and to the international media industry under the Sportradar Media Services brand name.
Further Reading
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