Small Cap Sports Data Analytics Growth Name Nears Breakout
Sportradar Group (SRAD) shares of the sports data services name are staying strong above all its key moving averages and continuing to see value build above 20 this year as it nears a breakout of the recent range above 24 that can likely target 27. The stock still has 1000 November $25 short puts in OI as part of a short strangle that also sold the $27.50 calls, so it likely makes for a solid target up near 27.50 if prices got there. The Swiss based firm is projecting sales to grow by double digits into FY27 as it should benefit from sports betting adoption.