On Friday, Veritone Inc (NASDAQ: VERI) was -10.64% drop from the session before settling in for the closing price of $6.39. A 52-week range for VERI has been $1.22 – $9.42.
During the last 5-year period, the sales growth of Technology Sector giant was 0.82%. When this article was written, the company’s average yearly earnings per share was at 41.72%. With a float of $70.09 million, this company’s outstanding shares have now reached $70.95 million.
Veritone Inc (VERI) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Veritone Inc stocks. The insider ownership of Veritone Inc is 15.52%, while institutional ownership is 15.12%. 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
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -0.21 earnings per share (EPS) during the time that was better than consensus figure (set at -0.22) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 44.20% during the next five years compared to 0.82% growth over the previous five years of trading.
Veritone Inc (NASDAQ: VERI) Trading Performance Indicators
You can see what Veritone Inc (VERI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.28, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.26 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 7.4 million, which is a jump from its year-to-date volume of 2.96 million. As of the previous 9 days, the stock’s Stochastic %D was 30.71%.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 54.76%, which indicates a significant increase from 21.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.63 in the past 14 days, which was higher than the 0.41 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.19, while its 200-day Moving Average is $2.99. However, in the short run, Veritone Inc’s stock first resistance to watch stands at $6.06. Second resistance stands at $6.41. The third major resistance level sits at $6.86. If the price goes on to break the first support level at $5.25, it is likely to go to the next support level at $4.80. Now, if the price goes above the second support level, the third support stands at $4.45.
Veritone Inc (NASDAQ: VERI) Key Stats
There are 59,170K outstanding shares of the company, which has a market capitalization of 473.74 million. As of now, sales total 92,640 K while income totals -37,380 K. Its latest quarter income was 24,010 K while its last quarter net income were -26,800 K.
