In the last trading session, 1.29 million shares of the Veritone Inc (NASDAQ:VERI) were traded, and its beta was 3.31. Most recently the company’s share price was $4.19, and it changed around $0.46 or 12.33% from the last close, which brings the market valuation of the company to $159.56M. VERI currently trades at a discount to its 52-week high of $7.76, offering almost -85.2% off that amount. The share price’s 52-week low was $1.48, which indicates that the current value has risen by an impressive 64.68% since then. We note from Veritone Inc’s average daily trading volume that its 10-day average is 0.59 million shares, with the 3-month average coming to 670.46K.
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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Veritone Inc (NASDAQ:VERI) trade information
Instantly VERI has showed a green trend with a performance of 12.33% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.44 on recent trading dayincreased the stock’s daily price by 5.63%. The company’s shares are currently up 131.49% year-to-date, but still up 20.75% over the last five days. On the other hand, Veritone Inc (NASDAQ:VERI) is 44.98% up in the 30-day period. We can see from the shorts that 4.98 million shares have been sold at a short interest cover period of 5.18 day(s).
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 November.
Veritone Inc (NASDAQ:VERI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 13.85% of Veritone Inc shares, and 29.45% of them are in the hands of institutional investors. The stock currently has a share float of 34.19%. Veritone Inc stock is held by 98.0 institutions, with PRIVATE MANAGEMENT GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.5295% of the shares, which is about 2.44 million shares worth $5.51 million.
VANGUARD GROUP INC, with 4.1475% or 1.55 million shares worth $3.5 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
