SoundHound AI Inc (NASDAQ: SOUN) started the day on Thursday, with a price increase of 31.33% at $13.33, before settling in for the price of $10.15 at the close. Taking a more long-term approach, SOUN posted a 52-week range of $1.62-$10.25.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 31.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 5.42%. This publicly-traded company’s shares outstanding now amounts to $336.48 million, simultaneously with a float of $323.66 million. The organization now has a market capitalization sitting at $4.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $6.21, while the 200-day Moving Average is $5.32.
SoundHound AI Inc (SOUN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. SoundHound AI Inc’s current insider ownership accounts for 12.46%, in contrast to 26.05% institutional ownership. Preceding that transaction, on Dec 02 ’24, Company’s VP, Engineering sold 94,067 for 9.05, making the whole transaction’s value amount to 851,692. This particular insider is now the holder of 735,685 in total.
SoundHound AI Inc (SOUN) Earnings and Revenue Records
SoundHound AI Inc’s EPS increase for this current 12-month fiscal period is 5.42% and is forecasted to reach -0.26 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 2.58. The Stock has managed to achieve an average true range (ATR) of 0.99. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 73.24.
In the same vein, SOUN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.36, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be -0.26 at the market close of one year from today.
Technical Analysis of SoundHound AI Inc (SOUN)
If we take a close look at the recent performances of SoundHound AI Inc (NASDAQ: SOUN), its last 5-days Average volume was 88.14 million that shows progress from its year to date volume of 36.34 million. During the previous 9 days, stock’s Stochastic %D was recorded 90.78% While, its Average True Range was 1.18.
Raw Stochastic average of SoundHound AI Inc (SOUN) in the period of the previous 100 days is set at 95.82%, which indicates a major rise in contrast to 94.72% 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 150.33% that was higher than 105.41% volatility it exhibited in the past 100-days period.
