On Tuesday, Veritone Inc (NASDAQ: VERI) was 24.26% up from the session before settling in for the closing price of $2.35. A 52-week range for VERI has been $1.22 – $5.64.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 0.82%. When this article was written, the company’s average yearly earnings per share was at 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Veritone Inc stocks. 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
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.19 earnings per share (EPS) during the time that was less than consensus figure (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
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 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.78.
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)
Compared to the last year’s volume of 1.23 million, its volume of 2.85 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 45.26%.
During the past 100 days, Veritone Inc’s (VERI) raw stochastic average was set at 86.29%, which indicates a significant increase from 84.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.26 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 $2.05, while its 200-day Moving Average is $2.41. Nevertheless, the first resistance level for the watch stands at $3.14 in the near term. At $3.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.74. If the price goes on to break the first support level at $2.54, it is likely to go to the next support level at $2.15. Now, if the price goes above the second support level, the third support stands at $1.94.
Veritone Inc (NASDAQ: VERI) Key Stats
There are 55,272K outstanding shares of the company, which has a market capitalization of 161.40 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.
