Shares of Veritone Inc. (VERI) Rise to a New 52-Week High

January 15, 2021 11:40:38

Veritone Inc. (NASDAQ:VERI) traded today at a new 52-week high of $42.00. Approximately 1.4 million shares have changed hands today, as compared to an average 30-day volume of 2 million shares.

There is potential upside of 47.0% for shares of Veritone Inc. based on a current price of $39.05 and an average consensus analyst price target of $57.40.

In the past 52 weeks, Veritone Inc. share prices are bracketed by a low of $1.22 and a high of $42.00 and is now at $39.05, 3,101% above that low price.

Veritone Inc is a cloud-based cognitive software company. Its proprietary artificial intelligence platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable intelligence. The open platform integrates an ecosystem of a variety of cognitive engines, which can be orchestrated together, to reveal valuable multivariate insights from vast amounts of media. The company”s platform stores the results in a searchable, time-correlated database to create a rich, online, searchable index of audio, video and structured data, enabling users to analyze the information in near real-time to drive business decisions and insights.

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