Veritone Inc (NASDAQ: VERI) on Tuesday, plunged -3.14% from the previous trading day, before settling in for the closing price of $5.1. Within the past 52 weeks, VERI’s price has moved between $1.22 and $9.42.
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 0.82%. The company achieved an average annual earnings per share of 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
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Veritone Inc is 11.61%, while institutional ownership is 23.70%.
Veritone Inc (VERI) Latest Financial update
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.21 earnings per share (EPS) for the period topping the consensus outlook (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
Veritone Inc (VERI) is currently performing well based on its current performance indicators. A quick ratio of 1.31 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.63.
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)
The latest stats from [Veritone Inc, VERI] show that its last 5-days average volume of 2.55 million was inferior to 2.61 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 50.31%.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 37.95%, which indicates a significant decrease from 43.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.31 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 $5.24, while its 200-day Moving Average is $3.38. Now, the first resistance to watch is $5.13. This is followed by the second major resistance level at $5.31. The third major resistance level sits at $5.48. If the price goes on to break the first support level at $4.78, it is likely to go to the next support level at $4.61. The third support level lies at $4.43 if the price breaches the second support level.
Veritone Inc (NASDAQ: VERI) Key Stats
Market capitalization of the company is 453.52 million based on 91,806K outstanding shares. Right now, sales total 92,640 K and income totals -37,380 K. The company made 29,120 K in profit during its latest quarter, and -26,880 K in sales during its previous quarter.
