Economy

Veritone, Inc. (NASDAQ:VERI) Sees Stock Price Rise - Up $12.73

What Historical Figures Say About Veritone, Inc. (NASDAQ:VERI) in a research note issued to investors on Sunday, September 10th. The stock is overbought with an RSI (14) now at 87.91. For every buyer, there needs to be someone who sold them the shares they bought, just as there must be a buyer in order for a seller to get rid of his or her shares. Wunderlich started coverage on Veritone in a report on Tuesday, June 6th. They set a buy rating and a $18.00 price objective for the company. Roth Capital began coverage on Veritone in a research report on Friday, August 11th. They set a buy rating and a $13.20 price objective for the company.

(NASDAQ:VERI) is now up by 37.18% since yesterday's close of 34.23 and is one of the top gainers in today's market. The target implies a -47.41% decrease from where the shares are now trading.

Analysts have given a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

Company shares are trading at $47.00 a great deal higher than $14.68, the 50 day moving average and which is quite a bit higher than the 200 day moving average of $13.18. The stock's market capitalization is $487.60 million. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.

Veritone (NASDAQ:VERI) last announced its quarterly earnings results on Monday, August 7th. Veritone, Inc. (VERI) maintained activity of 0.23 million shares that trade hands on average basis.

Technical Indicators of Veritone, Inc. Next quarter's EPS is expected be $-0.56 with next year's EPS projected to be $-2.10.

As of the latest earnings report the EPS was $-12.72 and is expected to be $-5.37 for the current year with 14,957,000 shares now outstanding. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US and worldwide trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.truebluetribune.com/2017/09/18/veritone-inc-veri-given-a-23-00-price-target-at-northland-securities.html. Finally, Uniplan Investment Counsel Inc. acquired a new position in shares of Veritone in the 2nd quarter valued at about $5,740,000.

Veritone, Inc is a developer of artificial intelligence (AI) platform. The Company's platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable intelligence.



Like this

Latest


21 September 2017
LNP MP drops F-bomb in front of Turnbull
Federally, three of the 21 LNP MPs are women and the Coalition as a whole counts 13 women among its 76 lower-house members. Mr Howarth's foul-mouthed reaction was said quietly but picked up by a live microphone.

21 September 2017
Markets subdued ahead of Fed policy decision
The Fed also announced it will begin to roll off its $4.5 trillion balance sheet in October and did not raise interest rates . The consumer staples sector .SPLRCS fell 0.9 percent while the utilities sector .SPLRCU ended 0.8 percent lower.

21 September 2017
Shania Twain Boards Scott Borchetta's Singing Competition Series as Mentor
The Launch is executive produced by Borchetta, Lennox and Brunton; Cox and Paul Franklin are Showrunners and Executive Producers. Additional credits include CTV Specialty Programming VP Pat DiVittorio, and Content and Programming President Mike Cosentino.

21 September 2017
Why Apple iOS 11 Won't Run Some of Your Apps
Apple emphasizes that this all happens using machine learning on the device , and it never sees your personal data. With the new update , the tech giant is making the case for why the iPad should replace the traditional laptop.

21 September 2017
Seattle Genetics, Inc. (NASDAQ:SGEN) EVP Sells $397448.19 in Stock
The Company is involved in the development and sale of pharmaceutical products on its own behalf or in collaboration with others. Nordea Invest Mngmt holds 2,762 shares or 0% of its portfolio. 50,000 are owned by Pointstate Capital Ltd Partnership.

21 September 2017
SunCoke Energy, Inc. (NYSE:SXC) Under Analyst Spotlight
Sei Investments Com invested 0% of its portfolio in SunCoke Energy Inc (NYSE:SXC). 83,540 are held by Marshall Wace Llp. Invesco has invested 0% in SunCoke Energy Partners LP (NYSE: SXCP ). 17 funds opened positions while 11 raised stakes.

21 September 2017
Prince Harry visited Dave Grohl in hospital
Should you listen to it? Some tracks stand out a bit more than others and at times you get a feeling that nothing is new at all. While the record is not political in nature, " T-Shirt " attempts to be the only track to really address anything political.

21 September 2017
Conocophillips (NYSE:COP) Stock Sentiment Worsens
Finally, J P Morgan Chase & Co reiterated an "overweight" rating on shares of ConocoPhillips in a research note on Saturday. The energy producer posted $0.14 Earnings per share for the period, exceeding Zacks' average forecast of ($0.02) by $0.16.

21 September 2017
Northern Ireland peer Laird claimed almost £50k expenses but only voted twice
Lord Laird has claimed £48,279 in House of Lord expenses in a year - yet only voted twice and did not give a single speech. It concluded that £4,086,000 was claimed by 277 peers who spoke five times or fewer in the past year.

21 September 2017
Analysts' Review under Consideration: Gold Fields Ltd (GFI)
According to the recommendations from 6 analysts stock has mean rating of 1.33 on the shares of Hi-Crush Partners LP (NYSE:HCLP). Over the last five days, shares have faced -1.18% losses and now is up 3.91% since hitting its 200-day moving average of $14.1.



Recommended