Analyzing Stock On Your Own: Auddia Inc (NASDAQ: AUUD)

Auddia Inc (NASDAQ:AUUD) does about 94.15K shares in volume on a normal day but saw 36106439 shares change hands in the recent trading day. The company now has a market cap of 1.06M USD. Its current market price is $1.29, marking an increase of 12.17% compared to the previous close of $1.15. The 52 week high reached by this stock is $12.00 whilst the lowest price level in 52 weeks is $0.93.

Auddia Inc (AUUD) has a 20-day trading average at $1.1806 and the current price is -89.25% off the 52-week high compared with 38.71% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1357 and its 200-day simple moving average is $3.2659. If we look at the stock’s price movements over the week, volatility stands at 23.24%, which decreases to 14.00% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.17 to suggest the stock is neutral.

The consensus objective for the share price is $25.00, suggesting that the stock has a potential upside of 94.84% over the period.

The current price level is 8.99%, 14.03%, and -60.70% away from its SMA20, SMA50, and SMA200 respectively, with the AUUD price moving below the 50-day SMA on current market day. Auddia Inc (AUUD) stock is up 18.35% over the week and -11.03% over the past month. Its price is -79.36% year-to-date and -85.31% over the past year.

The stock last released its quarterly earnings report for quarter ended 3/31/2024, with the company’s earnings per share (EPS) of -3.5 below consensus estimates by -1.25. The company’s next earnings report forecasts estimating quarterly EPS at -0.51 and -2.75 for whole year.

To reach the target analysts have set, the stock logically needs to grow 94.84 percent from here.

Outstanding shares total 0.85M with insiders holding 5.71% of the shares and institutional holders owning 4.22% of the company’s common stock. The company has a return on investment of -185.04% and return on equity of -195.57%. The beta has a value of 0.66. Price to book ratio is 0.77.