Let’s start up with the current stock price of Veritone Inc. (VERI), which is $27.01 to be very precise. The Stock rose vividly during the last session to $28.029 after opening rate of $25.30 while the lowest price it went was recorded $25.30 before closing at $25.20.
Recently in News on April 13, 2021, Veritone Extends Agreement with Audacy, Bringing In-Depth, AI-Powered Analytics to Dynamic Audio Content. The agreement equips Audacy’s 235+ stations nationwide with the ability to seamlessly ingest, index, organize and analyze its media. You can read further details here
Veritone Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $50.34 on 02/10/21, with the lowest value was $20.29 for the same time period, recorded on 03/30/21.
Veritone Inc. (VERI) full year performance was 768.49%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Veritone Inc. shares are logging -46.34% during the 52-week period from high price, and 809.43% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.97 and $50.34.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1209936 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Veritone Inc. (VERI) recorded performance in the market was -5.06%, having the revenues showcasing -26.66% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 904.29M, as it employees total of 308 workers.
Market experts do have their say about Veritone Inc. (VERI)
During the last month, 0 analysts gave the Veritone Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 31.62, with a change in the price was noted +14.67. In a similar fashion, Veritone Inc. posted a movement of +118.88% for the period of last 100 days, recording 1,246,188 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for VERI is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Veritone Inc. (VERI)
Raw Stochastic average of Veritone Inc. in the period of last 50 days is set at 22.36%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 65.37%. In the last 20 days, the company’s Stochastic %K was 46.28% and its Stochastic %D was recorded 38.20%.
Bearing in mind the latest performance of Veritone Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -5.06%. Additionally, trading for the stock in the period of the last six months notably improved by 157.98%, alongside a boost of 768.49% for the period of the last 12 months. The shares increased approximately by 14.94% in the 7-day charts and went up by -15.67% in the period of the last 30 days. Common stock shares were lifted by -26.66% during last recorded quarter.