The stock price of Auddia Inc (NASDAQ: AUUD) has surged by 15.00 when compared to previous closing price of 0.62, but the company has seen a 20.03% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-14 that faidr 30-day retention has grown from 5% to 12% in the last year, 2% above Auddia’s targeted 30-day retention goal Company now shifts focus down funnel to optimize subscription conversion metrics to drive high margin revenue BOULDER, Colo., Oct. 14, 2024 (GLOBE NEWSWIRE) — Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced it has exceeded its 30-day user retention goal of 10%, achieving 12% in the month of September.
Is It Worth Investing in Auddia Inc (NASDAQ: AUUD) Right Now?
The 36-month beta value for AUUD is also noteworthy at 0.61. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for AUUD is 0.78M, and at present, short sellers hold a 19.93% of that float. The average trading volume of AUUD on October 17, 2024 was 2.44M shares.
AUUD’s Market Performance
The stock of Auddia Inc (AUUD) has seen a 20.03% increase in the past week, with a -9.86% drop in the past month, and a -48.71% fall in the past quarter. The volatility ratio for the week is 8.17%, and the volatility levels for the past 30 days are at 7.62% for AUUD. The simple moving average for the past 20 days is 9.68% for AUUD’s stock, with a -67.51% simple moving average for the past 200 days.
AUUD Trading at -14.71% 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 -93.93% of loss for the given period.
Volatility was left at 7.62%, however, over the last 30 days, the volatility rate increased by 8.17%, as shares sank -11.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.67% lower at present.
During the last 5 trading sessions, AUUD rose by +17.85%, which changed the moving average for the period of 200-days by -89.18% in comparison to the 20-day moving average, which settled at $0.6494. In addition, Auddia Inc saw -88.59% 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 -1.58. Equity return is now at value -195.57, with -137.56 for asset returns.
Based on Auddia Inc (AUUD), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -53.26. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -11.55.
Currently, EBITDA for the company is -7.45 million with net debt to EBITDA at 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.56.
Conclusion
In summary, Auddia Inc (AUUD) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
