SoundHound AI Inc (NASDAQ: SOUN) open the trading on Thursday, with a bit cautious approach as it glided -7.71% to $5.03, before settling in for the price of $5.45 at the close. Taking a more long-term approach, SOUN posted a 52-week range of $1.51-$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 $1.80 billion. At the time of writing, stock’s 50-day Moving Average stood at $4.94, while the 200-day Moving Average is $4.70.
SoundHound AI Inc (SOUN) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Application industry. SoundHound AI Inc’s current insider ownership accounts for 12.74%, in contrast to 24.86% 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
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 0.38. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 32.53.
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)
[SoundHound AI Inc, SOUN] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 45.80% While, its Average True Range was 0.41.
Raw Stochastic average of SoundHound AI Inc (SOUN) in the period of the previous 100 days is set at 46.01%, which indicates a major rise in contrast to 12.23% 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 102.41% that was higher than 83.41% volatility it exhibited in the past 100-days period.
