Auddia (AUUD) to Release Quarterly Earnings on Wednesday

Auddia (NASDAQ:AUUD) will likely be releasing its results before the market opens on Wednesday, February 25th. Analysts expect Auddia to post earnings of $0.08 per share for the quarter.

Auddia Stock Performance

NASDAQ AUUD opened at $0.99 on Tuesday. The company has a market cap of $3.07 million, a PE ratio of -0.04 and a beta of 1.01. The firm’s 50 day moving average price is $0.96 and its 200-day moving average price is $1.47. Auddia has a 52-week low of $0.66 and a 52-week high of $7.29.

Institutional Investors Weigh In On Auddia

A hedge fund recently bought a new stake in Auddia stock. Virtu Financial LLC purchased a new position in Auddia Inc. (NASDAQ:AUUD) during the 3rd quarter, according to its most recent disclosure 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 at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Auddia in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Auddia has an average 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.