Maxim Group analyst Allen Klee maintained a Hold rating on Auddia (AUUD – Research Report) yesterday. The company’s shares closed yesterday at $1.45.
Klee covers the Technology sector, focusing on stocks such as Mitek Systems, Interlink Electronics, and Paltalk. According to TipRanks, Klee has an average return of -19.4% and a 26.61% success rate on recommended stocks.
Auddia has an analyst consensus of Hold.
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.
Read More on AUUD:
- Auddia launches product expansion with cloud-based AI, NLP offering
- Auddia closes $2.3M PIPE to eliminate debt, regain Nasdaq compliance
- Auddia Announces Closing of $2.3M PIPE to Eliminate Debt and Regain Nasdaq Compliance
- Auddia files to sell 5M shares of common stock for holders
- Auddia up 193% in pre-market at $4.18 following issuance of core AI patent
