Wall Street Zen Upgrades Auddia (NASDAQ:AUUD) to Sell

Auddia (NASDAQ:AUUD) was upgraded by Wall Street Zen to a “sell” rating in a research note issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings downgraded Auddia from a “sell (e+)” rating to a “sell (e)” rating in a research note on Wednesday, October 14th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Auddia Price Performance

Shares of NASDAQ:AUUD opened at $0.95 on Friday. Auddia has a 1-year low of $0.82 and a 1-year high of $12.01. The stock has a market cap of $5.52 million, a P/E ratio of -0.05 and a beta of 0.44. The firm has a fifty day moving average price of $1.06 and a 200 day moving average price of $1.51.

Auddia (NASDAQ:AUUD) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.71) EPS for the quarter, beating analysts’ consensus estimates of ($3.85) by $3.14. The business had revenue of $0.01 million during the quarter, compared to analyst estimates of $0.01 million.

About Auddia

Auddia Inc is an audio technology company focused on developing software that uses artificial intelligence to improve the listening experience for radio and other audio content. Its technology is designed to identify and manage interruptions such as commercials, station breaks and other unwanted content in real time.

The company’s primary consumer applications include Auddia, a subscription-based service intended to provide a more streamlined listening experience for AM and FM radio, and Faidr, a personalized radio application focused on music discovery and uninterrupted listening.