A new trading day began on Monday, with Veritone Inc (NASDAQ: VERI) stock price down -7.01% from the previous day of trading, before settling in for the closing price of $1.57. VERI’s price has ranged from $1.53 to $5.64 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 13.29%. Meanwhile, its annual earnings per share averaged 31.90%. With a float of $36.24 million, this company’s outstanding shares have now reached $44.86 million.
Let’s determine the extent of company efficiency that accounts for 487 employees. In terms of profitability, gross margin is 64.47%, operating margin of -81.94%, and the pretax margin is -94.23%.
Veritone Inc (VERI) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Veritone Inc is 19.98%, while institutional ownership is 23.89%. 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) Recent Fiscal highlights
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
Here are Veritone Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.68.
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)
Looking closely at Veritone Inc (NASDAQ: VERI), its last 5-days average volume was 0.89 million, which is a jump from its year-to-date volume of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 7.78%. Additionally, its Average True Range was 0.13.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 0.43%, which indicates a significant decrease from 2.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.42% in the past 14 days, which was lower than the 84.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0729, while its 200-day Moving Average is $2.8862. However, in the short run, Veritone Inc’s stock first resistance to watch stands at $1.5300. Second resistance stands at $1.6000. The third major resistance level sits at $1.6400. If the price goes on to break the first support level at $1.4200, it is likely to go to the next support level at $1.3800. Now, if the price goes above the second support level, the third support stands at $1.3100.
Veritone Inc (NASDAQ: VERI) Key Stats
With a market capitalization of 66.13 million, the company has a total of 45,294K Shares Outstanding. Currently, annual sales are 92,640 K while annual income is -37,380 K. The company’s previous quarter sales were 22,460 K while its latest quarter income was -19,880 K.
