Veritone Inc (VERI) EPS is poised to hit -0.21 next quarter: How Investors Can Make It Count the Most?

Witnessing the stock’s movement on the chart, on Wednesday, Veritone Inc (NASDAQ: VERI) set off with pace as it heaved 6.79% to $6.45, before settling in for the price of $6.04 at the close. Taking a more long-term approach, VERI posted a 52-week range of $1.48-$6.99.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 42.93%. Meanwhile, its Annual Earning per share during the time was 14.51%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 64.85%. This publicly-traded company’s shares outstanding now amounts to $37.19 million, simultaneously with a float of $32.65 million. The organization now has a market capitalization sitting at $239.49 million. At the time of writing, stock’s 50-day Moving Average stood at $2.76, while the 200-day Moving Average is $2.77.

Veritone Inc (VERI) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Infrastructure industry. Veritone Inc’s current insider ownership accounts for 12.07%, in contrast to 37.27% institutional ownership. According to the most recent insider trade that took place on Nov 17 ’23, this organization’s President and CEO bought 49,752 shares at the rate of 2.05, making the entire transaction reach 101,992 in total value, affecting insider ownership by 215,174.

Veritone Inc (VERI) Earnings and Revenue Records

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.16 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.15) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.

Veritone Inc’s EPS increase for this current 12-month fiscal period is 64.85% and is forecasted to reach -0.11 in the upcoming year.

Veritone Inc (NASDAQ: VERI) Trading Performance Indicators

Let’s observe the current performance indicators for Veritone Inc (VERI). It’s Quick Ratio in the last reported quarter now stands at 0.97. The Stock has managed to achieve an average true range (ATR) of 0.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.88.

In the same vein, VERI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.25, a figure that is expected to reach -0.21 in the next quarter, and analysts are predicting that it will be -0.11 at the market close of one year from today.

Technical Analysis of Veritone Inc (VERI)

Going through the that latest performance of [Veritone Inc, VERI]. Its last 5-days volume of 3.34 million indicated improvement to the volume of 2.2 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 71.72% While, its Average True Range was 0.94.

Raw Stochastic average of Veritone Inc (VERI) in the period of the previous 100 days is set at 90.20%, which indicates a major rise in contrast to 88.70% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 220.00% that was higher than 151.94% volatility it exhibited in the past 100-days period.