(AUUD) Auddia - Ratings and Ratios

Auddia Inc. is a technology company leveraging AI to disrupt the traditional radio and podcast industries. By developing a platform that enables users to access a wide range of AM/FM radio stations, podcasts, and curated content, the company is poised to capitalize on the growing demand for personalized audio experiences. The flagship product, faidr, allows users to listen to radio stations without commercial breaks, as well as discover new artists and music through curated stations and podcasts.

With its roots dating back to 2012 as Clip Interactive, LLC, the company rebranded to Auddia Inc. in November 2019, signaling a significant shift in its business strategy. Headquartered in Boulder, Colorado, Auddia has established itself as a key player in the application software sub-industry, as classified by the GICS. The companys website (https://www.auddia.com) serves as a hub for information on its products and services.

Analyzing the available and , we can infer that Auddias stock has experienced significant volatility, with a 52-week high of $24.65 and a low of $3.26. The current price of $4.26 is above its 20-day SMA of $3.85, indicating a potential bullish trend. However, the stocks 200-day SMA of $8.92 suggests a longer-term downtrend. Furthermore, the companys market capitalization stands at $1.97M USD, with a negative Return on Equity (RoE) of -199.50, indicating significant losses.

Based on the available data, a forecast for Auddias stock price can be made. Considering the current price is above its 20-day SMA and the ATR is relatively high at 13.37%, we can expect short-term volatility to continue. However, the lack of a P/E ratio and a negative RoE suggest that the companys financials are not yet stable. Therefore, a cautious approach is warranted. A potential price target could be around $6-8, based on the stocks historical volatility and the assumption that the company will continue to grow its user base and improve its financials. Nevertheless, this forecast is subject to significant uncertainty and should be closely monitored.