Veea Inc (NASDAQ:VEEA) currently has a daily average trading volume of 236.27K but it saw 5498789 shares traded in last market. With a market cap of 27.93M USD, the company’s current market price of $2.49 came falling about -11.70 while comparing to the previous closing price of $2.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.56 and as low as $2.52. In the recent trading on the day, stock has struck highest price mark of $2.3 while lowest mark touched by it was $3.0899.
Taking a look at 20-day trading activity of Veea Inc (VEEA) gives us an average price of $3.15, while its current price level is -86.58% below from 52-week high level whereas it is -1.19% 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 $4.97 while that of 200 days or SMA-200 reads an average of $9.33. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.67% during that period while stretching the period over a month that decreases to 13.20%. 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 32.46 which implies that the stock is in neutral territory.
Over the week, VEEA’s stock price is moving -12.48% down while it is -43.15% when we observe its performance for the past one month. Year-to-date it is -77.05% down and over the past year, the stock is showing a downside performance of -76.33%.
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 0.04. Stock has a price to book (P/B) ratio of 1.03. Its return on asset (ROA) is -9.69% on average.
