SRAD Stock Summary and Trading Ideas (Sportradar Group Ag - Class A | NASDAQ:SRAD)

Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing.

Sportradar Group Ag - Class A trades on the NASDAQ stock market under the symbol SRAD.

As of January 29, 2025, SRAD stock price declined to $20.81 with 523,439 million shares trading.

SRAD has a beta of 1.29, meaning it tends to be more sensitive to market movements. SRAD has a correlation of 0.18 to the broad based SPY ETF.

SRAD has a market cap of $6.20 billion. This is considered a Mid Cap stock.

Last quarter Sportradar Group Ag - Class A reported $280 million in Revenue and $.12 earnings per share. This beat revenue expectation by $22 million and exceeded earnings estimates by $.09.

In the last 3 years, SRAD traded as high as $21.25 and as low as $7.10.

The top ETF exchange traded funds that SRAD belongs to (by Net Assets): PEJ, BETZ, TMAT, ONEQ, FPXI.

SRAD has outperformed the market in the last year with a price return of +99.1% while the SPY ETF gained +24.9%. SRAD has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +66.9% and +6.3%, respectively, while the SPY returned +4.0% and +3.4%, respectively.

SRAD support price is $20.57 and resistance is $21.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SRAD shares will trade within this expected range on the day.