On Friday, Veritone Inc (NASDAQ: VERI) was 0.87% up from the session before settling in for the closing price of $1.73. A 52-week range for VERI has been $1.62 – $5.64.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 21.06% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 31.90%. With a float of $36.24 million, this company’s outstanding shares have now reached $44.86 million.
In an organization with 487 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 64.47%, operating margin of -81.94%, and the pretax margin is -94.23%.
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 19.98%, while institutional ownership is 24.07%. 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
According to the Wall Street analysts, stocks earnings will be around 31.90% 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 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.48, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.14 in one year’s time.
Technical Analysis of Veritone Inc (VERI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.44 million. That was inferior than the volume of 0.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.80%. Additionally, its Average True Range was 0.13.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 5.04%, which indicates a significant decrease from 29.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.08% in the past 14 days, which was lower than the 90.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1816, while its 200-day Moving Average is $2.9084. However, in the short run, Veritone Inc’s stock first resistance to watch stands at $1.7900. Second resistance stands at $1.8350. The third major resistance level sits at $1.9000. If the price goes on to break the first support level at $1.6800, it is likely to go to the next support level at $1.6150. Assuming the price breaks the second support level, the third support level stands at $1.5700.
Veritone Inc (NASDAQ: VERI) Key Stats
There are 45,294K outstanding shares of the company, which has a market capitalization of 79.04 million. As of now, sales total 92,640 K while income totals -37,380 K. Its latest quarter income was 22,460 K while its last quarter net income were -19,880 K.
