Auddia (NASDAQ:AUUD) Posts Quarterly Earnings Results

Auddia (NASDAQ:AUUDGet Free Report) posted its earnings results on Friday. The company reported ($5.09) EPS for the quarter, FiscalAI reports.

Auddia Price Performance

Shares of Auddia stock traded up $0.74 during trading hours on Friday, hitting $1.96. 137,912,642 shares of the company’s stock traded hands, compared to its average volume of 2,783,206. The stock has a market capitalization of $981,960.00, a price-to-earnings ratio of -0.01 and a beta of 0.66. Auddia has a 12-month low of $1.16 and a 12-month high of $56.13. The company has a fifty day simple moving average of $4.35 and a 200-day simple moving average of $6.61.

Institutional Investors Weigh In On Auddia

An institutional investor recently bought a new position in Auddia stock. Virtu Financial LLC acquired a new stake in shares of Auddia Inc. (NASDAQ:AUUDFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,316 shares of the company’s stock, valued at approximately $31,000. Virtu Financial LLC owned 1.33% of Auddia at the end of the most recent quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered Auddia from a “sell (e+)” rating to a “sell (e)” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

View Our Latest Stock Report on Auddia

Auddia Company Profile

(Get Free Report)

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.

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Earnings History for Auddia (NASDAQ:AUUD)

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