On Monday, Veritone Inc (NASDAQ: VERI) was -8.82% drop from the session before settling in for the closing price of $2.55. A 52-week range for VERI has been $2.03 – $7.76.
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Annual sales at Technology sector company grew by 20.74% over the past five years. When this article was written, the company’s average yearly earnings per share was at 37.54%. With a float of $35.68 million, this company’s outstanding shares have now reached $44.59 million.
In terms of profitability, gross margin is 68.11%, operating margin of -71.52%, and the pretax margin is -91.55%.
Veritone Inc (VERI) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Veritone Inc stocks. The insider ownership of Veritone Inc is 19.96%, while institutional ownership is 25.01%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 37.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.43% during the next five years compared to 19.17% growth over the previous five years of trading.
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 0.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.00, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Veritone Inc (VERI)
Veritone Inc (NASDAQ: VERI) saw its 5-day average volume 0.44 million, a negative change from its year-to-date volume of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 27.93%. Additionally, its Average True Range was 0.22.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 9.90%, which indicates a significant increase from 9.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.72% in the past 14 days, which was lower than the 109.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.87, while its 200-day Moving Average is $3.03. Nevertheless, the first resistance level for the watch stands at $2.46 in the near term. At $2.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.69. If the price goes on to break the first support level at $2.23, it is likely to go to the next support level at $2.14. Assuming the price breaks the second support level, the third support level stands at $2.01.
Veritone Inc (NASDAQ: VERI) Key Stats
There are 40,180K outstanding shares of the company, which has a market capitalization of 103.69 million. As of now, sales total 92,640 K while income totals -37,380 K. Its latest quarter income was 22,430 K while its last quarter net income were 31,790 K.
