(VERI) Veritone - Ratings and Ratios

Veritone, Inc. (NASDAQ:VERI) is a leading provider of artificial intelligence (AI) computing solutions, operating through its proprietary aiWARE platform. This AI operating system leverages machine learning algorithms to replicate human cognitive functions such as perception, prediction, and problem-solving. The platform transforms unstructured data into structured insights, enabling businesses to optimize processes and decision-making. Veritone serves diverse industries, including media and entertainment, government, legal and compliance, and energy, offering tailored solutions to enhance operational efficiency and drive innovation.

In addition to its AI solutions, Veritone provides comprehensive media advertising services, including campaign strategy, media buying, and performance analytics. These services are delivered directly to advertisers and through partnerships with advertising agencies. The company operates globally, with a presence in the United States, the United Kingdom, France, Australia, Israel, and India. Headquartered in Denver, Colorado, Veritone was rebranded from Veritone Delaware, Inc. in 2014 and has since established itself as a key player in the AI and data analytics space.

From a financial perspective, Veritones stock (NASDAQ:VERI) is classified under the Application Software sector, with a market capitalization of $108.33 million. The stocks short-term moving averages (SMA 20 and SMA 50) are currently above its last price of $2.44, while the SMA 200 is slightly higher at $3.07. This indicates a bearish trend in the near term. The average trading volume over 20 days is 733,216 shares, with an Average True Range (ATR) of 0.31, suggesting moderate volatility. The companys forward P/E ratio of 44.64 reflects high growth expectations, while the price-to-sales (P/S) ratio of 0.89 indicates undervaluation relative to its revenue generation.