Auddia (AUUD) to Release Quarterly Earnings on Wednesday

Auddia (NASDAQ:AUUD) is expected to announce 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

Auddia stock opened at $0.99 on Tuesday. The stock has a market cap of $3.07 million, a PE ratio of -0.04 and a beta of 1.01. The stock has a 50-day moving average of $0.96 and a two-hundred day moving average of $1.47. Auddia has a one year low of $0.66 and a one year high of $7.29.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Auddia stock. Geode Capital Management LLC acquired a new position in Auddia Inc. (NASDAQ:AUUD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 26,538 shares of the company’s stock, valued at approximately $26,000. Geode Capital Management LLC owned about 0.86% of Auddia as of its most recent SEC filing.

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.