Veea (NASDAQ:VEEA – Get Free Report) announced its quarterly earnings data on Friday. The company reported $0.03 earnings per share for the quarter, Zacks reports.
Veea Stock Performance
VEEA traded up $0.00 during trading on Friday, hitting $0.57. 72,093 shares of the company’s stock were exchanged, compared to its average volume of 170,889. Veea has a fifty-two week low of $0.50 and a fifty-two week high of $4.06. The business’s 50 day moving average is $0.67 and its two-hundred day moving average is $1.26.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Veea in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Veea currently has a consensus rating of “Sell”.
About Veea
Veea Inc provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks.
Featured Articles
- Five stocks we like better than Veea
- Best Stocks Under $5.00
- Are These 3 Oversold Tech Giants Ready to Rebound?
- Overbought Stocks Explained: Should You Trade Them?
- If You Wait for the Dip, Micron Technology Could Leave You Behind
- 3 REITs to Buy and Hold for the Long Term
- 3 Stocks Quietly Powering the AI and Tech Revolution
Receive News & Ratings for Veea Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veea and related companies with MarketBeat.com's FREE daily email newsletter.
