A new trading day began on Monday, with SoundHound AI Inc (NASDAQ: SOUN) stock price down -4.47% from the previous day of trading, before settling in for the closing price of $8.50. SOUN’s price has ranged from $3.50 to $24.98 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 44.71% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 74.84%. With a float of $356.48 million, this company’s outstanding shares have now reached $361.10 million.
In an organization with 842 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 48.86%, operating margin of -403.05%, and the pretax margin is -424.98%.
SoundHound AI Inc (SOUN) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of SoundHound AI Inc is 10.65%, while institutional ownership is 32.84%. The most recent insider transaction that took place on Mar 24 ’25, was worth 524,831. In this transaction Chief Product Officer of this company sold 51,196 shares at a rate of $10.25, taking the stock ownership to the 638,456 shares. Before that another transaction happened on Mar 20 ’25, when Company’s Chief Product Officer sold 28,388 for $9.90, making the entire transaction worth $281,092. This insider now owns 689,652 shares in total.
SoundHound AI Inc (SOUN) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 74.84% per share during the next fiscal year.
SoundHound AI Inc (NASDAQ: SOUN) Trading Performance Indicators
Here are SoundHound AI Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 38.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.98, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.20 in one year’s time.
Technical Analysis of SoundHound AI Inc (SOUN)
Let’s dig in a bit further. During the last 5-days, its volume was 18.3 million. That was inferior than the volume of 46.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.52%. Additionally, its Average True Range was 0.94.
During the past 100 days, SoundHound AI Inc’s (SOUN) raw stochastic average was set at 15.74%, which indicates a significant increase from 13.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.72% in the past 14 days, which was lower than the 143.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.73, while its 200-day Moving Average is $8.62. However, in the short run, SoundHound AI Inc’s stock first resistance to watch stands at $8.33. Second resistance stands at $8.53. The third major resistance level sits at $8.82. If the price goes on to break the first support level at $7.84, it is likely to go to the next support level at $7.55. Assuming the price breaks the second support level, the third support level stands at $7.35.
SoundHound AI Inc (NASDAQ: SOUN) Key Stats
With a market capitalization of 3.24 billion, the company has a total of 398,962K Shares Outstanding. Currently, annual sales are 84,690 K while annual income is -350,680 K. The company’s previous quarter sales were 34,540 K while its latest quarter income was -258,600 K.
