On Tuesday, Veritone Inc (NASDAQ: VERI) was -1.45% drop from the session before settling in for the closing price of $2.07. A 52-week range for VERI has been $1.86 – $5.64.
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Technology Sector giant saw their annual sales surged by 21.06% over the last five years. When this article was written, the company’s average yearly earnings per share was at 46.30%. With a float of $35.88 million, this company’s outstanding shares have now reached $44.83 million.
The firm has a total of 487 workers. Let’s measure their productivity. 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Veritone Inc stocks. The insider ownership of Veritone Inc is 19.98%, while institutional ownership is 24.95%. 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 -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 46.30% 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 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.52, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.12 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 0.48 million was lower than the volume posted last year of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 28.21%. Additionally, its Average True Range was 0.19.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 8.04%, which indicates a significant decrease from 19.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.05% in the past 14 days, which was lower than the 102.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.46, while its 200-day Moving Average is $3.00. Now, the first resistance to watch is $2.10. This is followed by the second major resistance level at $2.16. The third major resistance level sits at $2.19. If the price goes on to break the first support level at $2.00, it is likely to go to the next support level at $1.97. Should the price break the second support level, the third support level stands at $1.91.
Veritone Inc (NASDAQ: VERI) Key Stats
There are 44,855K outstanding shares of the company, which has a market capitalization of 91.97 million. As of now, sales total 92,640 K while income totals -37,380 K. Its latest quarter income was 8,020 K while its last quarter net income were 31,790 K.
