In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Veritone Inc (NASDAQ: VERI) closed at $3.60 in the last session, up 1.98% from day before closing price of $3.53. In other words, the price has increased by $1.98 from its previous closing price. On the day, 1.66 million shares were traded. VERI stock price reached its highest trading level at $3.84 during the session, while it also had its lowest trading level at $3.4813.
Ratios:
We take a closer look at VERI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.66.
On October 30, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $3.50.
ROTH MKM Upgraded its Sell to Neutral on February 01, 2024, whereas the target price for the stock was revised from $2 to $1.85.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 13 ’24 when Steelberg Chad sold 504,657 shares for $2.52 per share. The transaction valued at 1,269,212 led to the insider holds 31,861 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VERI now has a Market Capitalization of 137921392 and an Enterprise Value of 205965584. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28. Its current Enterprise Value per Revenue stands at 1.561 whereas that against EBITDA is -5.08.
Stock Price History:
Over the past 52 weeks, VERI has reached a high of $7.76, while it has fallen to a 52-week low of $1.48. The 50-Day Moving Average of the stock is 21.04%, while the 200-Day Moving Average is calculated to be 7.91%.
Shares Statistics:
According to the various share statistics, VERI traded on average about 1.10M shares per day over the past 3-months and 1969800 shares per day over the past 10 days. A total of 38.21M shares are outstanding, with a floating share count of 33.95M. Insiders hold about 11.39% of the company’s shares, while institutions hold 21.27% stake in the company. Shares short for VERI as of 1730332800 were 5137399 with a Short Ratio of 4.47, compared to 1727654400 on 5028976. Therefore, it implies a Short% of Shares Outstanding of 5137399 and a Short% of Float of 15.479999999999999.
