SoundHound AI Inc (NASDAQ: SOUN) flaunted slowness of -2.63% at $4.81, before settling in for the price of $4.94 at the close. Taking a more long-term approach, SOUN posted a 52-week range of $1.49-$10.25.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 31.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 25.50%. This publicly-traded company’s shares outstanding now amounts to $309.12 million, simultaneously with a float of $259.64 million. The organization now has a market capitalization sitting at $1.49 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.47, while the 200-day Moving Average is $3.00.
SoundHound AI Inc (SOUN) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the SoundHound AI Inc industry. SoundHound AI Inc’s current insider ownership accounts for 16.01%, in contrast to 19.24% institutional ownership. According to the most recent insider trade that took place on Mar 22 ’24, this organization’s CEO sold 31,665 shares at the rate of 6.08, making the entire transaction reach 192,454 in total value, affecting insider ownership by 1,137,831. Preceding that transaction, on Mar 21 ’24, Company’s Chief Technology Officer sold 5,276 for 7.70, making the whole transaction’s value amount to 40,605. This particular insider is now the holder of 982,584 in total.
SoundHound AI Inc (SOUN) Earnings and Revenue Records
SoundHound AI Inc’s EPS increase for this current 12-month fiscal period is 25.50% and is forecasted to reach -0.21 in the upcoming year.
SoundHound AI Inc (NASDAQ: SOUN) Trading Performance Indicators
Let’s observe the current performance indicators for SoundHound AI Inc (SOUN). It’s Quick Ratio in the last reported quarter now stands at 4.69. The Stock has managed to achieve an average true range (ATR) of 0.52. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 32.41.
In the same vein, SOUN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.39, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.21 at the market close of one year from today.
Technical Analysis of SoundHound AI Inc (SOUN)
Now, what If we examine the latest scores posted by [SoundHound AI Inc, SOUN]. During the last 5-days, its volume was lower the volume of 49.97 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 71.44% While, its Average True Range was 0.48.
Raw Stochastic average of SoundHound AI Inc (SOUN) in the period of the previous 100 days is set at 36.96%, which indicates a major fall in contrast to 69.50% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 101.91% that was lower than 148.87% volatility it exhibited in the past 100-days period.
