Economy

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

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

loading...
loading...

Latest


21 September 2017
HBO are cooking up a fifth Game Of Thrones prequel series
Cogman has worked on the show in various capacities over the years, most recently as a writer and co-executive producer. If anyone knows how Weiss and Benioff work , it's him. "It's probably the most fun I've ever had reading anything ".

21 September 2017
Pioneer Energy Services Corp
Van Den Berg Management I Inc. boosted its stake in shares of Pioneer Energy Services Corp.by 104.1% during the first quarter. Phoenix Investment Adviser LLC boosted its position in shares of Pioneer Energy Services Corp.by 31.4% in the second quarter.

21 September 2017
Sean Spicer on his surprise Emmys appearance: "It's an honor"
After the show, Spicer told EW that he had fun doing the appearance, even though "it's not exactly a Republican crowd". Bush, got gigs with the conservative news outlet following their departures from the White House.

21 September 2017
Experian PLC (EXPGF): -DI Recorded Above +DI on These Shares
The average true range is typically based on 14 periods and may be calculated daily, weekly, monthly, or intraday. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70.

21 September 2017
Girl, 8, dies in Melbourne hospital in flu outbreak
If you think you have the flu, or want more information on the flu and flu vaccinations, contact your trusted GP . WA figures show there's been 2655 confirmed cases of the flu since June - which is down on past year and 2015.

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
The Nokia 8 is coming to India on September 26
On the software front, the Nokia 8 runs stock Android 7.1.1 Nougat and will be updated to Android 8.0 Oreo as well. The Nokia 8 is expected to go on sale early October, with Nokia hoping for good sales during Diwali.

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
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
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.