Veritone Inc (NASDAQ: VERI) kicked off on Monday, up 6.60% from the previous trading day, before settling in for the closing price of $1.44. Over the past 52 weeks, VERI has traded in a range of $1.22-$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
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 0.82%. While this was happening, its average annual earnings per share was recorded 33.45%. With a float of $43.55 million, this company’s outstanding shares have now reached $44.86 million.
The extent of productivity of a business whose workforce counts for 487 workers is very important to gauge. 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
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Veritone Inc is 19.36%, while institutional ownership is 20.03%. 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 33.45% per share during the next fiscal year.
Veritone Inc (NASDAQ: VERI) Trading Performance Indicators
Take a look at Veritone Inc’s (VERI) current performance indicators. Last quarter, 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 0.85.
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 -0.13 in one year’s time.
Technical Analysis of Veritone Inc (VERI)
The latest stats from [Veritone Inc, VERI] show that its last 5-days average volume of 1.2 million was superior to 0.77 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.91%.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 14.58%, which indicates a significant decrease from 85.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1205 in the past 14 days, which was lower than the 0.1568 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6008, while its 200-day Moving Average is $2.6279. Now, the first resistance to watch is $1.5867. This is followed by the second major resistance level at $1.6383. The third major resistance level sits at $1.7167. If the price goes on to break the first support level at $1.4567, it is likely to go to the next support level at $1.3783. The third support level lies at $1.3267 if the price breaches the second support level.
Veritone Inc (NASDAQ: VERI) Key Stats
The company with the Market Capitalisation of 82.90 million has total of 47,553K Shares Outstanding. Its annual sales at the moment are 92,640 K in contrast with the sum of -37,380 K annual income. Company’s last quarter sales were recorded 22,460 K and last quarter income was -19,880 K.
