Auddia (NASDAQ:AUUD) Stock Price Down 1.5% – What’s Next?

Auddia Inc. (NASDAQ:AUUDGet Free Report)’s share price dropped 1.5% during mid-day trading on Monday . The stock traded as low as $4.41 and last traded at $4.53. Approximately 33,121 shares changed hands during trading, a decline of 42% from the average daily volume of 57,340 shares. The stock had previously closed at $4.60.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Auddia in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Research Report on AUUD

Auddia Stock Down 1.5%

The firm has a market capitalization of $2.27 million, a price-to-earnings ratio of -0.03 and a beta of 1.12. The business’s fifty day moving average is $5.80 and its 200 day moving average is $7.98.

Institutional Trading of Auddia

An institutional investor recently bought a new position in Auddia stock. Geode Capital Management LLC bought a new stake in Auddia Inc. (NASDAQ:AUUDFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 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 filing with the SEC.

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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