Veritone Inc (NASDAQ:VERI) currently has a daily average trading volume of 1.02M but it saw 910308 shares traded in last market. With a market cap of 134.00M USD, the company’s current market price of $3.01 came falling about -9.49 while comparing to the previous closing price of $3.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.76 and as low as $1.65.
Taking a look at 20-day trading activity of Veritone Inc (VERI) gives us an average price of $3.23, while its current price level is -61.28% below from 52-week high level whereas it is 81.57% 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 $2.99 while that of 200 days or SMA-200 reads an average of $3.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.46% during that period while stretching the period over a month that decreases to 9.59%. 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 45.69 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the D. Boral Capital which initiated the stock as “Buy” in its note to investors issued on February 03, 2025, recommending a price target of $4.50 for it. UBS upgraded its recommendation for the stock as a “Neutral” from “Sell” on October 30, 2024 while assigning a price target of $3.50. UBS also issued its recommendations for the stock as it initiated the price target for the stock is $3.50.
Over the week, VERI’s stock price is moving -8.66% down while it is 10.89% when we observe its performance for the past one month. Year-to-date it is -8.38% down and over the past year, the stock is showing an upside performance of 15.80%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.23 while estimate for next year EPS is -0.72. In next quarter, company is expected to be making quarterly sales of $28.06M as analysts are expecting the sales for current fiscal year at $107.42M and seeing the company making $110M in sales next year. Moreover, analysts are in estimates of $22.79M for current-quarter revenue.
Currently, Veritone Inc’s total number of outstanding shares is 38.21M with 19.21% of that held by the insiders while 25.61% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -73.33% and return on equity (ROE) at -358.49%. Stock’s beta reads 3.43. Stock has a price to sale or P/S ratio amounts to 1.13. Its return on asset (ROA) is -16.60% on average.
