In a report released yesterday, Allen Klee from Maxim Group maintained a Hold rating on Auddia (AUUD – Research Report). The company’s shares closed yesterday at $2.06.
According to TipRanks, Klee is an analyst with an average return of -18.9% and a 25.92% success rate. Klee covers the Technology sector, focusing on stocks such as Mitek Systems, Interlink Electronics, and Paltalk.
The word on The Street in general, suggests a Hold analyst consensus rating for Auddia.
Based on Auddia’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $2.32 million. In comparison, last year the company had a GAAP net loss of $2.05 million
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Auddia (AUUD) Company Description:
Auddia Inc is a technology company that is engaged in radio broadcasts and streaming audio content digitally. Its products include Auddia App which is a subscription based commercial free AM/FM software application; and Vodacast is an interactive podcasting platform and application. The company generates revenue through subscription fees from customers accessing the company’s cloud-based computing services and advertisement services.
