There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Veritone Inc. (VERI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.11, or -1.51%, to $7.17. The Veritone Inc. has recorded 3,465 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Veritone Announces Repurchase of $60.0 Million of 1.75% Convertible Senior Notes Due 2026.
This NASDAQ-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $7.28 and fluctuated between $7.56 as its day high and $6.77 as its day low. The current market capitalization of Veritone Inc. is $266.38M. A total of 0.69 million shares were traded on the day, compared to an average of 311.47K shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, VERI has seen 3 BUY and 0 SELL insider trades, representing the acquisition of 72,075 and the disposition of 0 shares. Over the last 12 months, there were 12 BUYs and 12 SELLs from insiders. Insiders purchased 566,347 shares during that period but sold 1,231,870.
In the most recent transaction, Steelberg Ryan bought 15,420 shares of VERI for 6.98 per share on Sep 15. After the transaction, the President now owns 165,422 company shares. In a previous transaction on Sep 14, Steelberg Ryan bought 21,288 shares at 6.88 per share. VERI shares that President owns now total 150,002.
Among the insiders who bought shares, Steelberg Ryan acquired of 35,367 shares on Sep 13 at a per-share price of $6.82. This resulted in the President holding 128,714 shares of VERI after the transaction. In another insider transaction, GRAZIADIO G LOUIS III bought 2,500 shares at $6.93 per share on Aug 19. Company shares held by the Director now total 159,554.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for VERI in the last 3 months, the mean price target is $7.79 with high estimates of $11.00 and low estimates of $5.00. In terms of 52-week highs and lows, VERI has a high of $26.40 and a low of $4.63.
As of this writing, VERI has an earnings estimate of -$0.18 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.16 per share and a lower estimate of -$0.19. The company reported an EPS of -$0.15 in the last quarter, which was -50.00% lower than expectations of -$0.1.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VERI is Overweight with a score of 4.00. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.