Auddia (AUUD) Projected to Post Earnings on Wednesday

Auddia (NASDAQ:AUUD) is expected to issue its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

Auddia Stock Performance

NASDAQ AUUD opened at $0.99 on Tuesday. The firm has a market cap of $3.07 million, a price-to-earnings ratio of -0.04 and a beta of 1.01. The firm has a 50 day simple moving average of $0.96 and a 200-day simple moving average of $1.47. Auddia has a one year low of $0.66 and a one year high of $7.29.

Institutional Trading of Auddia

An institutional investor recently bought a new position in Auddia stock. Virtu Financial LLC purchased a new position in Auddia Inc. (NASDAQ:AUUD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,316 shares of the company’s stock, valued at approximately $31,000. Virtu Financial LLC owned about 1.33% of Auddia as of its most recent SEC filing.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Auddia in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Auddia Company Profile

Auddia Inc (NASDAQ: AUUD) develops and markets patented audio solutions that transform how live and recorded content is distributed and accessed. Through its subsidiaries AudioFetch and Podscribe, the company offers plug-and-play hardware and software for venues such as restaurants, fitness centers, and corporate waiting areas to stream live radio and other audio channels directly to patrons’ smartphones. In parallel, Auddia’s automated speech-to-text technology powers real-time closed captioning for live radio broadcasts and on-demand transcription services for podcast publishers.

The AudioFetch platform, integrated into venue networks, captures local audio feeds and delivers them via a branded mobile app or web portal.