Veea Inc. (NASDAQ:VEEA) currently has a daily average trading volume of 23.08K but it saw 6386504 shares traded in last market. With a market cap of 137.45M USD, the company’s current market price of $12.25 came rising about 133.33 while comparing to the previous closing price of $5.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.05 and as low as $4.20. In the recent trading on the day, stock has struck highest price mark of $6.96 while lowest mark touched by it was $18.56.
Taking a look at 20-day trading activity of Veea Inc. (VEEA) gives us an average price of $10.47, while its current price level is 1.66% below from 52-week high level whereas it is 191.67% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.30 while that of 200 days or SMA-200 reads an average of $10.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 75.45% during that period while stretching the period over a month that decreases to 20.13%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.99 which implies that the stock is in neutral territory.
Over the week, VEEA’s stock price is moving 11.97% up while it is 25.90% when we observe its performance for the past one month. Year-to-date it is 12.90% up and over the past year, the stock is showing an upside performance of 19.28%.
Currently, Veea Inc.’s total number of outstanding shares is 15.96M. Company’s return on investment (ROI) stands at -16.84% and return on equity (ROE) at -11.87%. Stock’s beta reads 0.08. Stock has a price to book (P/B) ratio of 5.06. Its return on asset (ROA) is -9.69% on average.
