VERI has 36-month beta value of 3.15. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for VERI is 34.61M, and currently, short sellers hold a 15.17% ratio of that float. The average trading volume of VERI on February 04, 2025 was 998.94K shares.
VERI) stock’s latest price update
Veritone Inc (NASDAQ: VERI)’s stock price has soared by 7.54 in relation to previous closing price of 3.05. Nevertheless, the company has seen a gain of 15.90% in its stock price over the last five trading days. youtube.com reported 2025-01-15 that Ryan Steelberg, CEO of Veritone (VERI), talks about its use of A.I. to enhance security in the public sector.
VERI’s Market Performance
Veritone Inc (VERI) has experienced a 15.90% rise in stock performance for the past week, with a 0.00% drop in the past month, and a -4.09% drop in the past quarter. The volatility ratio for the week is 8.80%, and the volatility levels for the past 30 days are at 10.57% for VERI. The simple moving average for the last 20 days is 8.31% for VERI’s stock, with a simple moving average of 5.55% for the last 200 days.
Analysts’ Opinion of VERI
UBS, on the other hand, stated in their research note that they expect to see VERI reach a price target of $3.50. The rating they have provided for VERI stocks is “Neutral” according to the report published on October 30th, 2024.
UBS gave a rating of “Neutral” to VERI, setting the target price at $3.50 in the report published on October 30th of the previous year.
VERI Trading at 15.56% from the 50-Day Moving Average
After a stumble in the market that brought VERI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.73% of loss for the given period.
Volatility was left at 10.57%, however, over the last 30 days, the volatility rate increased by 8.80%, as shares surge +2.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.44% upper at present.
During the last 5 trading sessions, VERI rose by +15.90%, which changed the moving average for the period of 200-days by -25.03% in comparison to the 20-day moving average, which settled at $3.03. In addition, Veritone Inc saw 0.00% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VERI starting from Steelberg Chad, who sale 504,657 shares at the price of $2.52 back on Dec 13 ’24. After this action, Steelberg Chad now owns 31,861 shares of Veritone Inc, valued at $1,269,212 using the latest closing price.
Stock Fundamentals for VERI
Current profitability levels for the company are sitting at:
- -0.61 for the present operating margin
- 0.66 for the gross margin
The net margin for Veritone Inc stands at -0.48. The total capital return value is set at -0.83. Equity return is now at value -358.49, with -16.60 for asset returns.
Based on Veritone Inc (VERI), the company’s capital structure generated 1.21 points at debt to capital in total, while cash flow to debt ratio is standing at -0.37. The debt to equity ratio resting at -5.66. The interest coverage ratio of the stock is -5.91.
Currently, EBITDA for the company is -31.56 million with net debt to EBITDA at -6.42. When we switch over and look at the enterprise to sales, we see a ratio of 2.33. The receivables turnover for the company is 3.82for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.66.
Conclusion
To put it simply, Veritone Inc (VERI) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
