Veea’s (VEEA) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their sell (e+) rating on shares of Veea (NASDAQ:VEEAFree Report) in a research report report published on Friday,Weiss Ratings reports.

Veea Stock Up 1.0%

Shares of VEEA stock opened at $0.69 on Friday. The company has a 50-day moving average of $0.66 and a two-hundred day moving average of $1.36. Veea has a 1-year low of $0.51 and a 1-year high of $4.73.

Veea (NASDAQ:VEEAGet Free Report) last announced its earnings results on Tuesday, August 19th. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $0.07 million for the quarter.

Veea Company Profile

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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.

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