On Friday, Veritone Inc (NASDAQ: VERI) was -5.40% drop from the session before settling in for the closing price of $3.15. A 52-week range for VERI has been $1.65 – $7.76.
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Annual sales at Technology sector company grew by 32.77% over the past five years. When this article was written, the company’s average yearly earnings per share was at 28.86%. With a float of $34.61 million, this company’s outstanding shares have now reached $38.21 million.
Let’s look at the performance matrix of the company that is accounted for 696 employees. In terms of profitability, gross margin is 66.42%, operating margin of -60.58%, and the pretax margin is -52.06%.
Veritone Inc (VERI) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Veritone Inc stocks. The insider ownership of Veritone Inc is 22.40%, while institutional ownership is 25.94%. The most recent insider transaction that took place on Dec 13 ’24, was worth 1,269,212. In this transaction Director of this company sold 504,657 shares at a rate of $2.52, taking the stock ownership to the 31,861 shares.
Veritone Inc (VERI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 28.86% per share during the next fiscal year.
Veritone Inc (NASDAQ: VERI) Trading Performance Indicators
You can see what Veritone Inc (VERI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.16, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.53 in one year’s time.
Technical Analysis of Veritone Inc (VERI)
Veritone Inc (NASDAQ: VERI) saw its 5-day average volume 0.98 million, a negative change from its year-to-date volume of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 73.12%. Additionally, its Average True Range was 0.33.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 24.25%, which indicates a significant decrease from 27.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.19% in the past 14 days, which was lower than the 115.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.85, while its 200-day Moving Average is $3.17. Nevertheless, the first resistance level for the watch stands at $3.15 in the near term. At $3.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.42. If the price goes on to break the first support level at $2.89, it is likely to go to the next support level at $2.80. The third support level lies at $2.62 if the price breaches the second support level.
Veritone Inc (NASDAQ: VERI) Key Stats
There are 40,180K outstanding shares of the company, which has a market capitalization of 132.89 million. As of now, sales total 127,560 K while income totals -58,630 K. Its latest quarter income was 21,990 K while its last quarter net income were -21,750 K.
