Veritone Inc (NASDAQ: VERI) kicked off on Friday, up 6.27% from the previous trading day, before settling in for the closing price of $2.87. Over the past 52 weeks, VERI has traded in a range of $1.22-$5.64.
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During the last 5-year period, the sales growth of Technology Sector giant was 0.82%. While this was happening, its average annual earnings per share was recorded 33.98%. With a float of $44.17 million, this company’s outstanding shares have now reached $47.58 million.
Veritone Inc (VERI) Breakdown of a Key Holders of the stock
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 20.08%, while institutional ownership is 20.23%. 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
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.
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 1.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.43, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.12 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 4.27 million, which is a jump from its year-to-date volume of 1.28 million. As of the previous 9 days, the stock’s Stochastic %D was 78.67%.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 92.42%, which indicates a significant increase from 85.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.25 in the past 14 days, which was higher than the 0.18 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.14, while its 200-day Moving Average is $2.40. However, in the short run, Veritone Inc’s stock first resistance to watch stands at $3.18. Second resistance stands at $3.30. The third major resistance level sits at $3.54. If the price goes on to break the first support level at $2.82, it is likely to go to the next support level at $2.58. Now, if the price goes above the second support level, the third support stands at $2.46.
Veritone Inc (NASDAQ: VERI) Key Stats
The company with the Market Capitalisation of 168.58 million has total of 55,272K 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 24,010 K and last quarter income was -26,800 K.
