logo

The Significance of Moving Averages in Veritone Inc Inc. (VERI) Price Performance

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. The metric has seen a significant gain of 102.21% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 1.39%. Over the past 30 days, the price of VERI has leaped by -18.85%. And in the last five days, it has surged by 12.62%.

Veritone Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $7.76 on 04/04/24, while the lowest value for the same period was recorded at $1.48 on 01/09/24.

52-week price history of VERI Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Veritone Inc’s current trading price is -52.84% away from its 52-week high, while its distance from the 52-week low is 147.30%. The stock’s price range during this period has varied between$1.48 and $7.76. The Veritone Inc’s shares, which operate in the Technology, saw a trading volume of around 0.71 million for the day, a figure considerably lower than their average daily volume of 0.86 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Veritone Inc (VERI) has experienced a quarterly rise of 55.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 139.36M and boasts a workforce of 696 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.22, with a change in price of +1.12. Similarly, Veritone Inc recorded 763,262 in trading volume during the last 100 days, posting a change of +43.81%.

VERI Stock Stochastic Average

Veritone Inc’s raw stochastic average for the past 50 days is presently 31.49%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 23.30%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 14.82% and 8.95%, respectively.

Most Popular