Veritone Inc (NASDAQ: VERI) kicked off on Friday, up 22.94% from the previous trading day, before settling in for the closing price of $2.31. 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
Annual sales at Technology sector company grew by 0.82% over the past five years. While this was happening, its average annual earnings per share was recorded 33.14%. With a float of $43.33 million, this company’s outstanding shares have now reached $47.58 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider Updates
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 19.76%, while institutional ownership is 20.05%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.19 earnings per share (EPS), lower than consensus estimate (set at -0.16) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.14% 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 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.43, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.12 in one year’s time.
Technical Analysis of Veritone Inc (VERI)
Veritone Inc (NASDAQ: VERI) saw its 5-day average volume 2.68 million, a positive change from its year-to-date volume of 1.12 million. As of the previous 9 days, the stock’s Stochastic %D was 73.89%.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 82.23%, which indicates a significant decrease from 90.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.28 in the past 14 days, which was higher than the 0.17 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.79, while its 200-day Moving Average is $2.47.
