Veritone Inc (NASDAQ: VERI) kicked off on Monday, up 6.33% from the previous trading day, before settling in for the closing price of $5.21. Over the past 52 weeks, VERI has traded in a range of $1.22-$9.42.
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 41.72%. With a float of $80.01 million, this company’s outstanding shares have now reached $91.81 million.
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 12.85%, while institutional ownership is 23.73%. 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
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -0.21 earnings per share (EPS), higher than consensus estimate (set at -0.22) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 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
Take a look at Veritone Inc’s (VERI) current performance indicators. Last quarter, stock had a quick ratio of 1.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.19.
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)
Veritone Inc (NASDAQ: VERI) saw its 5-day average volume 4.51 million, a positive change from its year-to-date volume of 3.08 million. As of the previous 9 days, the stock’s Stochastic %D was 91.58%.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 48.40%, which indicates a significant decrease from 96.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.37 in the past 14 days, which was lower than the 0.47 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.42, while its 200-day Moving Average is $3.13. Nevertheless, the first resistance level for the watch stands at $5.70 in the near term. At $5.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.11. If the price goes on to break the first support level at $5.29, it is likely to go to the next support level at $5.05. The third support level lies at $4.88 if the price breaches the second support level.
Veritone Inc (NASDAQ: VERI) Key Stats
The company with the Market Capitalisation of 508.61 million has total of 91,806K 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 29,120 K and last quarter income was -26,880 K.
