Veea Inc. (VEEA) Stock: A SWOT Analysis

Company’s 36-month beta value is 0.02.

VEEA currently public float of 6.52M.The average trading volume of VEEA on September 24, 2024 was 175.81K shares.

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VEEA) stock’s latest price update

Veea Inc. (NASDAQ: VEEA) has experienced a decline in its stock price by -10.75 compared to its previous closing price of 10.98. However, the company has seen a gain of 8.89% in its stock price over the last five trading days.

VEEA’s Market Performance

Veea Inc. (VEEA) has seen a 8.89% rise in stock performance for the week, with a -4.11% decline in the past month and a -12.42% plunge in the past quarter. The volatility ratio for the week is 76.68%, and the volatility levels for the past 30 days are at 22.83% for VEEA. The simple moving average for the past 20 days is -7.20% for VEEA’s stock, with a -8.77% simple moving average for the past 200 days.

VEEA Trading at -5.00% from the 50-Day Moving Average

After a stumble in the market that brought VEEA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.20% of loss for the given period.

Volatility was left at 22.83%, however, over the last 30 days, the volatility rate increased by 76.68%, as shares sank -7.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.67% lower at present.

During the last 5 trading sessions, VEEA rose by +8.89%, which changed the moving average for the period of 200-days by -7.11% in comparison to the 20-day moving average, which settled at $10.52. In addition, Veea Inc. saw -9.68% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for VEEA

Equity return is now at value -11.87, with -9.69 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.03.

Conclusion

In a nutshell, Veea Inc. (VEEA) 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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