TORONTO and COSTA MESA, CA, March 2, 2020,/CNW/ - Bell Media, Canada's largest media company and leading content creator, and Veritone Inc. (VERI), the creator of the world's first operating system for artificial intelligence, aiWARE™, have entered a multiyear agreement bringing Veritone's content and ad intelligence solutions, Veritone Essentials, and Veritone...
Index - P/E - EPS (ttm) -3.42 Insider Own 1.40% Shs Outstand 22.81M Perf Week -2.32%
Market Cap 67.29M Forward P/E - EPS next Y -1.37 Insider Trans 53.38% Shs Float 16.73M Perf Month -22.98%
Income -66.70M PEG - EPS next Q -0.43 Inst Own 29.30% Short Float 15.27% Perf Quarter -57.98%
Sales 42.90M P/S 1.57 EPS this Y 43.90% Inst Trans 1.17% Short Ratio 5.33 Perf...
TECHNICAL
After spending the better part of the past seven months carving-out a potential rounding bottom, Veritone Inc. NASDAQ:VERI , released in mid-May on meaningful volume and in the process, recaptured its 200 DMA and now finds itself perched comfortably above all of its important moving averages (20/50/200), depicting a technically healthy posture.
In...
The potential is huge...
1/12/2018 low of 3.80 to the dollar.
We are at the very bottom.
01/09/2017 high 45.05 dollar.
TARGET1 = 20usd
TARGET2= 45usd
R= more more 10
Earnings were a blow out and growth prospects very compelling to investors, which resulted in a 15% jump in the stock price. We are on the watch for continuation today.
Roth Capital maintained a buy rating with a $15 price target stating that “We are more encouraged by the use case of the platform continuing to expand, not only into additional verticals but also...
The EMAs crossing over in addition to the MACD cross make me bullish on this. Also near the .78 fib level. Looking for a break of $7.04 to go long. Also there was a buy out offer for $8 back in December 18 that was rejected. $8 target.
My reasons
1. Indicators
2. Potential buy out
3. AI is hot
VERI is reporting earnings today and was chosen to remind traders that IPOs are not usually profitable. It is very rare to have a company that IPOs with high profits and revenue. Therefore, IPOs are generally speculative as this stock was. It IPO’d around the summer of 2017 and ran up for a month to a new all-time high. Retail investors and smaller funds drove...
my enter price at 24-26 the swing trade to 3 all it needs is rumors to get stock going and has the potential for great growth and AI company that is working with Iheartradio and others
my enter price at 24-26 the swing trade to 3 all it needs is rumors to get stock going and has the potential for great growth and AI company that is working with Iheartradio and others
