The Impact of Market Fluctuations on Auddia Inc’s (AUUD) Stock

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The stock of Auddia Inc (AUUD) has gone down by -12.97% for the week, with a -16.15% drop in the past month and a -69.91% drop in the past quarter. The volatility ratio for the week is 7.77%, and the volatility levels for the past 30 days are 19.23% for AUUD. The simple moving average for the past 20 days is -21.04% for AUUD’s stock, with a -73.40% simple moving average for the past 200 days.

Is It Worth Investing in Auddia Inc (NASDAQ: AUUD) Right Now?

Company’s 36-month beta value is 0.78.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for AUUD is 0.58M, and currently, short sellers hold a 39.97% ratio of that floaft. The average trading volume of AUUD on April 30, 2024 was 3.10M shares.

AUUD) stock’s latest price update

Auddia Inc (NASDAQ: AUUD) has experienced a decline in its stock price by -2.42 compared to its previous closing price of 1.65. However, the company has seen a fall of -12.97% in its stock price over the last five trading days. PennyStocks reported 2024-04-09 that The dynamic landscape of investing in penny stocks is poised for notable shifts in the coming year, presenting both seasoned and novice traders with a plethora of opportunities. Key factors contributing to this evolution include technological advancements, regulatory changes, and market sentiment shifts.

AUUD Trading at -40.08% from the 50-Day Moving Average

After a stumble in the market that brought AUUD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.82% of loss for the given period.

Volatility was left at 19.23%, however, over the last 30 days, the volatility rate increased by 7.77%, as shares sank -6.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -68.76% lower at present.

During the last 5 trading sessions, AUUD fell by -11.35%, which changed the moving average for the period of 200-days by -83.17% in comparison to the 20-day moving average, which settled at $2.0330. In addition, Auddia Inc saw -74.24% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for AUUD

The total capital return value is set at -17.78. Equity return is now at value -412.48, with -167.53 for asset returns.

Based on Auddia Inc (AUUD), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at -1.49. The debt to equity ratio resting at 7.2. The interest coverage ratio of the stock is -5.62.

Currently, EBITDA for the company is -5.64 million with net debt to EBITDA at -0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.21.

Conclusion

In a nutshell, Auddia Inc (AUUD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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