Veritone Inc (NASDAQ: VERI) kicked off on Monday, down -5.17% from the previous trading day, before settling in for the closing price of $5.03. 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 41.38%. With a float of $81.14 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 11.61%, while institutional ownership is 23.73%.
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 41.38% 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 4.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.28, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.32 in one year’s time.
Technical Analysis of Veritone Inc (VERI)
Veritone Inc (NASDAQ: VERI) saw its 5-day average volume 1.89 million, a negative change from its year-to-date volume of 3.07 million. As of the previous 9 days, the stock’s Stochastic %D was 16.20%.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 35.73%, which indicates a significant increase from 2.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.36 in the past 14 days, which was lower than the 0.48 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.36, while its 200-day Moving Average is $3.32. Nevertheless, the first resistance level for the watch stands at $4.97 in the near term. At $5.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.29. If the price goes on to break the first support level at $4.65, it is likely to go to the next support level at $4.54. The third support level lies at $4.34 if the price breaches the second support level.
Veritone Inc (NASDAQ: VERI) Key Stats
The company with the Market Capitalisation of 437.91 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.
