Auddia (NASDAQ:AUUD) Posts Earnings Results

Auddia (NASDAQ:AUUD) posted its earnings results on Friday. The company reported ($0.36) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $0.01 million during the quarter.

Auddia Price Performance

AUUD traded up $0.05 on Friday, hitting $0.36. The company had a trading volume of 13,517,458 shares, compared to its average volume of 3,199,242. The stock has a fifty day simple moving average of $0.96 and a 200-day simple moving average of $2.62. The firm has a market capitalization of $2.09 million, a P/E ratio of -0.02 and a beta of 0.38. Auddia has a 52-week low of $0.21 and a 52-week high of $11.47.

Analyst Ratings Changes

AUUD has been the subject of a number of research analyst reports. Weiss Ratings raised Auddia from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, November 2nd. Wall Street Zen raised shares of Auddia to a “sell” rating in a research report on Saturday, October 24th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.

About Auddia

Auddia Inc. is an audio technology company that develops software designed to enhance the way consumers discover and listen to radio and podcast content. The company focuses on artificial intelligence and other proprietary technologies that can identify and manage elements within audio programming. Its flagship Auddia application is designed to provide an enhanced listening experience for terrestrial radio by enabling features such as commercial skipping, content replay and personalized control over live broadcasts.