Auddia (NASDAQ:AUUD) Shares Up 1% – Still a Buy?

Auddia Inc. (NASDAQ:AUUD) shot up 1% during trading on Friday . The company traded as high as $2.10 and last traded at $2.04. 90,417 shares traded hands during trading, a decline of 33% from the average session volume of 134,295 shares. The stock had previously closed at $2.02.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Auddia in a research note on Saturday, September 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Auddia Price Performance

The stock has a market capitalization of $2.35 million, a P/E ratio of -0.07 and a beta of 1.02. The stock’s fifty day moving average is $2.59 and its two-hundred day moving average is $3.74.

Auddia (NASDAQ:AUUD) last issued its earnings results on Friday, August 8th. The company reported ($2.95) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.89) by ($1.06).

About Auddia

Auddia Inc, a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is faidr, which enables consumers to listen to various AM/FM radio station with commercial breaks replaced with personalized audio content, including popular and new music, news, and weather.