Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Veritone Inc (NASDAQ: VERI) was $2.48 for the day, down -10.14% from the previous closing price of $2.76. In other words, the price has decreased by -$10.14 from its previous closing price. On the day, 0.69 million shares were traded.
Ratios:
Our analysis of VERI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.66.
On February 03, 2025, D. Boral Capital started tracking the stock assigning a Buy rating and target price of $4.50.
UBS Upgraded its Sell to Neutral on October 30, 2024, while the target price for the stock was maintained at $3.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93.
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 $1.65. The 50-Day Moving Average of the stock is -17.65%, while the 200-Day Moving Average is calculated to be -19.22%.
Shares Statistics:
A total of 38.21M shares are outstanding, with a floating share count of 35.69M. Insiders hold about 19.96% of the company’s shares, while institutions hold 24.78% stake in the company.
