A new trading day began on Monday, with Veritone Inc (NASDAQ: VERI) stock price up 13.57% from the previous day of trading, before settling in for the closing price of $1.40. VERI’s price has ranged from $1.38 to $5.64 over the past 52 weeks.
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 13.29% annually for the last half of the decade. 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.
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 and Institutional Ownership
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) Latest Financial update
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 0.74.
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 0.87 million. That was better than the volume of 0.65 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.38%. Additionally, its Average True Range was 0.12.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 8.71%, which indicates a significant decrease from 52.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.94% in the past 14 days, which was higher than the 81.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8648, while its 200-day Moving Average is $2.7917. However, in the short run, Veritone Inc’s stock first resistance to watch stands at $1.6867. Second resistance stands at $1.7833. The third major resistance level sits at $1.9367. If the price goes on to break the first support level at $1.4367, it is likely to go to the next support level at $1.2833. The third support level lies at $1.1867 if the price breaches the second support level.
Veritone Inc (NASDAQ: VERI) Key Stats
With a market capitalization of 72.02 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.
