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 -67.40% away from its 52-week high, while its distance from the 52-week low is 70.95%. 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 0.76 million for the day, which was noticeably lower than the average daily share volume of 0.84 million over the last 3 months.
Veritone Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $7.76 on 04/04/24 and the lowest value was $1.48 on 01/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Veritone Inc (VERI) has experienced a quarterly decline of -29.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 106.16M 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 3.21, with a change in price of +0.10. Similarly, Veritone Inc recorded 835,594 in trading volume during the last 100 days, posting a change of +4.12%.
VERI Stock Stochastic Average
Today, Veritone Inc’s raw stochastic average for the past 50 days stands at 16.67%, indicating a decline from the raw stochastic average of the last 20 days, which was 51.43%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 32.14% and 20.43% respectively.
VERI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 40.88%. However, over the past six months, we’ve seen a stronger performance of -5.90%. The price of VERI leaped by -6.59% over the last 30 days. And in the last five days, it has surged by 7.59%.
