Veritone Inc’s recently made public that its Director Steelberg Chad unloaded Company’s shares for reported $1.27 million on Dec 13 ’24. In the deal valued at $2.52 per share,504,657 shares were sold. As a result of this transaction, Steelberg Chad now holds 31,861 shares worth roughly $75510.57.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
UBS upgraded its Veritone Inc [VERI] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late October with a ‘”a Neutral”‘ rating. ROTH MKM also remained covering VERI and has increased its forecast on February 01, 2024 with a “Neutral” recommendation from previously “Sell” rating. ROTH MKM revised its rating on August 09, 2023. It rated VERI as “a Sell” which previously was an “a Neutral”.
Price Performance Review of VERI
On Tuesday, Veritone Inc [NASDAQ:VERI] saw its stock fall -3.66% to $2.37. Over the last five days, the stock has lost -9.54%. Veritone Inc shares have risen nearly 30.94% since the year began. Nevertheless, the stocks have risen 16.75% over the past one year. While a 52-week high of $7.76 was reached on 04/04/24, a 52-week low of $1.48 was recorded on 01/09/24. SMA at 50 days reached $3.27, while 200 days put it at $3.32.
Levels Of Support And Resistance For VERI Stock
The 24-hour chart illustrates a support level at 2.31, which if violated will result in even more drops to 2.24. On the upside, there is a resistance level at 2.48. A further resistance level may holdings at 2.58. The Relative Strength Index (RSI) on the 14-day chart is 34.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.91%. Stochastics %K at 24.61% indicates the stock is a holding.
How much short interest is there in Veritone Inc?
A steep rise in short interest was recorded in Veritone Inc stocks on 2024-10-31, growing by 0.11 million shares to a total of 5.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 5.03 million shares. There was a rise of 2.11%, which implies that there is a positive sentiment for the stock.
