Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Veritone Inc’s current trading price is -17.65% away from its 52-week high, while its distance from the 52-week low is 331.76%. The stock’s price range over this period has fluctuated between $1.48 and $7.76. The company, operating within the financial sector, had a trading volume of approximately 1.65 million for the day, which was noticeably lower than the average daily share volume of 2.4 million over the last 3 months.
In terms of market performance, Veritone Inc had a fairly even. The highest value for the stock in the past year was $7.76 on 04/04/24, and the lowest value was recorded at $1.48 on 01/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Veritone Inc (VERI) has experienced a quarterly rise of 287.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 237.26M and boasts a workforce of 696 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.55, with a change in price of +4.41. Similarly, Veritone Inc recorded 1,638,371 in trading volume during the last 100 days, posting a change of +222.73%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for VERI stands at 3.75. Similarly, the long-term debt-to-equity ratio is also 3.54.
VERI Stock Stochastic Average
Today’s raw stochastic average for Veritone Inc over the last 50 days is 77.58%.This indicates a increase from the raw stochastic average of the past 20 days, which was 77.56%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 81.52% and 83.58%, respectively.
VERI Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 253.04%. However, over the past six months, we’ve seen a weaker performance of 173.08%. The price of VERI fallen by 185.27% over the last 30 days. And in the last five days, it has surged by 5.79%.
