As on Thursday, SoundHound AI Inc (NASDAQ: SOUN) started slowly as it slid -0.38% to $5.23, before settling in for the price of $5.25 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 Technology sector firm’s twelve-monthly sales growth has been 31.41% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.14%. This publicly-traded company’s shares outstanding now amounts to $358.73 million, simultaneously with a float of $313.03 million. The organization now has a market capitalization sitting at $1.88 billion. At the time of writing, stock’s 50-day Moving Average stood at $4.87, while the 200-day Moving Average is $4.52.
SoundHound AI Inc (SOUN) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Software – Application industry. SoundHound AI Inc’s current insider ownership accounts for 12.74%, in contrast to 24.84% institutional ownership. According to the most recent insider trade that took place on Sep 20 ’24, this organization’s Chief Financial Officer sold 39,728 shares at the rate of 4.88, making the entire transaction reach 193,853 in total value, affecting insider ownership by 1,560,411. Preceding that transaction, on Sep 20 ’24, Company’s Chief Operating Officer sold 42,001 for 4.88, making the whole transaction’s value amount to 204,944. This particular insider is now the holder of 1,473,322 in total.
SoundHound AI Inc (SOUN) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
SoundHound AI Inc’s EPS increase for this current 12-month fiscal period is 12.14% 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 8.77. The Stock has managed to achieve an average true range (ATR) of 0.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 33.82.
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 -0.07 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)
Through scrutinizing the latest numbers posted by the [SoundHound AI Inc, SOUN], it can be observed that its last 5-days Average volume of 25.12 million was lower the volume of 34.38 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 66.58% While, its Average True Range was 0.30.
Raw Stochastic average of SoundHound AI Inc (SOUN) in the period of the previous 100 days is set at 53.61%, which indicates a major fall in contrast to 66.10% 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 38.33% that was lower than 76.80% volatility it exhibited in the past 100-days period.
