Veritone Inc (NASDAQ: VERI) kicked off on Monday, up 7.54% from the previous trading day, before settling in for the closing price of $3.05. Over the past 52 weeks, VERI has traded in a range of $1.65-$7.76.
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Technology Sector giant saw their annual sales surged by 32.77% over the last five years. While this was happening, its average annual earnings per share was recorded 15.91%. With a float of $34.61 million, this company’s outstanding shares have now reached $38.21 million.
The firm has a total of 696 workers. Let’s measure their productivity. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Veritone Inc is 22.40%, while institutional ownership is 24.96%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.91% per share during the next fiscal year.
Veritone Inc (NASDAQ: VERI) Trading Performance Indicators
Take a look at Veritone Inc’s (VERI) current performance indicators. Last quarter, stock had a quick ratio of 0.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.16, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.55 in one year’s time.
Technical Analysis of Veritone Inc (VERI)
Analysing the last 5-days average volume posted by the [Veritone Inc, VERI], we can find that recorded value of 0.63 million was lower than the volume posted last year of 0.95 million. As of the previous 9 days, the stock’s Stochastic %D was 71.79%. Additionally, its Average True Range was 0.31.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 32.81%, which indicates a significant decrease from 87.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.46% in the past 14 days, which was lower than the 115.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.84, while its 200-day Moving Average is $3.11. Now, the first resistance to watch is $3.46. This is followed by the second major resistance level at $3.65. The third major resistance level sits at $3.93. If the price goes on to break the first support level at $3.00, it is likely to go to the next support level at $2.72. Should the price break the second support level, the third support level stands at $2.53.
Veritone Inc (NASDAQ: VERI) Key Stats
The company with the Market Capitalisation of 146.27 million has total of 40,180K Shares Outstanding. Its annual sales at the moment are 127,560 K in contrast with the sum of -58,630 K annual income. Company’s last quarter sales were recorded 21,990 K and last quarter income was -21,750 K.
