Veritone Inc (NASDAQ: VERI): The Stock To Bet On For Economic Progress In The Months Ahead

In the last trading session, 1.03 million shares of the Veritone Inc (NASDAQ:VERI) were traded, and its beta was 3.02. Most recently the company’s share price was $3.56, and it changed around -$0.1 or -2.73% from the last close, which brings the market valuation of the company to $132.18M. VERI currently trades at a discount to its 52-week high of $7.76, offering almost -117.98% off that amount. The share price’s 52-week low was $1.48, which indicates that the current value has risen by an impressive 58.43% since then. We note from Veritone Inc’s average daily trading volume that its 3-month average coming to 2.59 million.

Veritone Inc stock received a consensus recommendation rating of Buy, based on a mean score of 3.00. If we narrow it down even further, the data shows that 1 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended VERI as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Veritone Inc is expected to report earnings per share of $VERS for the current quarter.

Veritone Inc (NASDAQ:VERI) trade information

Instantly VERI has showed a red trend with a performance of -2.73% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently up 96.69% year-to-date, but still down -22.10% over the last five days. On the other hand, Veritone Inc (NASDAQ:VERI) is -3.00% down in the 30-day period.

Veritone Inc (VERI) estimates and forecasts

Veritone Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 34.34 percent over the past six months and at a 64.36% annual growth rate that is well above the industry average of 18.30%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.51%.

VERI Dividends

Veritone Inc’s next quarterly earnings report is expected to be released in May.