Veea Inc Stock Today
VEEA Stock | 1.72 0.03 1.78% |
PerformanceVery Weak
| Odds Of DistressAverage
|
Veea is trading at 1.72 as of the 16th of March 2025, a 1.78% up since the beginning of the trading day. The stock's open price was 1.69. Veea has 52 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Veea symbol was changed from PLMI on 17th of September 2024. The performance scores are derived for the period starting the 16th of December 2024 and ending today, the 16th of March 2025. Click here to learn more.
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Veea Stock Highlights
Older Symbol | PLMI |
Chairman CoFounder | Allen Salmasi |
Thematic Idea | Computers (View all Themes) |
Business Concentration | Computers, Information Technology Services, Technology, Information Technology Services, Technology, Computing (View all Sectors) |
Veea Inc (VEEA) is traded on NASDAQ Exchange in USA. It is located in 164 East 83rd Street, New York, NY, United States, 10028 and employs 50 people. Veea Inc was previously known as PLMI Old and was traded on NASDAQ Exchange under the symbol PLMI. Veea is listed under Computers category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 102.44 M. Veea Inc conducts business under Technology sector and is part of Information Technology Services industry. The entity has 36.2 M outstanding shares of which 292.01 K shares are at this time shorted by private and institutional investors with about 11.19 trading days to cover.
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Ownership AllocationVeea Inc shows a total of 36.2 Million outstanding shares. Veea Inc has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 78.46 % of Veea outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Veea Inc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Veea market risk premium is the additional return an investor will receive from holding Veea long position in a well-diversified portfolio.
Risk Adjusted Performance | (0.17) | |||
Jensen Alpha | (0.99) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | 6.1 |
Veea Stock Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veea Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Computers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veea. If investors know Veea will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veea listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Veea Inc is measured differently than its book value, which is the value of Veea that is recorded on the company's balance sheet. Investors also form their own opinion of Veea's value that differs from its market value or its book value, called intrinsic value, which is Veea's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veea's market value can be influenced by many factors that don't directly affect Veea's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veea's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veea is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veea's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.