Auddia Inc (NASDAQ:AUUD) traded with an addition of $0.05 to $0.37 on Thursday, an upside of 16.11 percent. An average of 963,688 shares of common stock have been traded in the last five days. There was a gain of $0.0519 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 374,872 shares traded, while the 50-day average volume stands at 290,903.
AUUD stock has increased by 3.95% in the last month. The company shares reached their 1-month lowest point of $0.2200 on 09/28/23. With the stock rallying to its 52-week high on 06/12/23, shares of the company touched a low of $0.31 and a high of $1.75 in 52 weeks. It has reached a new high 7 times so far this year and lost -61.04% or -$0.5831 in price. In spite of this, the price is down -78.63% from the 52-week high.
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Valuation Metrics
Auddia Inc (AUUD) has a trailing price-to-earnings (P/E) ratio of N/A for the broader industry. The stock’s beta is 0.77. Other valuation ratios to consider include the price-to-book (PB) ratio at 1.72.
Financial Health
The quick ratio of Auddia Inc for the three months ended September 29 was 1.08, and the current ratio was 1.08, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.66 for the quarter ending September 29. Its gross profit as reported stood at -$0.18 million.
Earnings Surprise
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$2.32 million in the quarter, while revenues of -$2.16 million were grew 11.64%. The analyst consensus anticipated Auddia Inc’s latest quarter earnings to come in at -$0.15 per share, but it turned out to be -$0.11, a 26.70% surprise. For the quarter, EBITDA amounted to -$1.34 million. Shareholders own equity worth $19.95 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Auddia Inc (AUUD) price momentum. RSI 9-day as of the close on 27 September was 65.86%, suggesting the stock is Neutral, with historical volatility in this time frame at 90.89%.
As of today, AUUD’s price is $0.3329 +15.97% or $0.0519 from its 5-day moving average. AUUD is currently trading +5.87% higher than its 20-day SMA and -5.78% lower than its 100-day SMA. However, the stock’s current price level is -2.00% below the SMA50 and -68.08% below the SMA200.
The stochastic %K and %D were 32.32% and 22.54%, respectively, and the average true range (ATR) was 0.0492. With the 14-day stochastic at 60.35% and the average true range at 0.0417, the RSI (14) stands at 58.16%. The stock has reached 0.0050 on the 9-day MACD Oscillator while the 14-day reading was at 0.0003.
Analyst Ratings
The consensus rating for Auddia Inc (AUUD) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AUUD, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is AUUD’s price target for the next 12 months?
Analysts predict a range of price targets between $1.00 and $1.00, with a median target of $1.00. Taking a look at these predictions, the average price target given by analysts for Auddia Inc (AUUD) stock is $1.00.
