Veritone is in the technology sector and is in the application software industry. The company CEO is Chad Steelberg. Veritone Inc is a provider of artificial intelligence. Its platform stores cognitive engine results in a searchable, time-correlated index, creating an online, searchable library of audio and video data enabling analysis and automated business solutions.
Previous Intraday Performance:
The VERI shares had a previous change of -5.77% which opened at 8.16 and closed at 7.68. It moved to an intraday high of 8.17 and a low of 7.55.
Over the last five trading days, VERI shares returned -10.70% and in the past 30 trading days it returned 28.64%. Over three months, it changed 15.66%. In one year it has changed -64.48% and within that year its 52 week high was 24.39 and its 52 week low was 3.65. VERI stock is 110.23% above its 52 week low.
Our calculations result in a 200 day moving average of 6.98 and a 50 day moving average of 7.34. Right now, VERI stock is trading 9.97% above its 200 day moving average.
The company has a market cap of $156.2m with 20.3m shares outstanding and a float of 19.9m shares. Trading volume was 522,899 shares and has experienced an average volume of 556,795 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.
The last annual reported EPS for Veritone was -3.48 which ended on 31st of December 2018. Based on 3 analyst estimates, the consensus EPS for the next quarter is -0.85.
Below was the last reported quarterly diluted earnings per share:
|1st||Qtr 2019||Reported 05-08-2019:||-0.84|
|4th||Qtr 2018||Reported 02-21-2019:||-0.92|
|3rd||Qtr 2018||Reported 11-12-2018:||-0.86|
|2nd||Qtr 2018||Reported 08-13-2018:||-0.88|
The growth of the EPS is critical in understanding the current valuation of Veritone; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 50.00% over the last twelve months.
Indicators Also to Watch:
Based on the latest filings, there is 31.80% of institutional ownership.
The beta was calculated to be 1.34.
Based on last reported financials, the company’s return on assets is -65.93%, price-to-sales is 4.77 and price-to-book is 2.88.
Company Score Card:
Results are out of six:
2 : Growth Expectations Result
6 : Financial Safety Result
0 : Past Performance Result
1 : Valuation Result
0 : Dividend Safety Result
2 : Overall Result