SoundHound AI Inc (NASDAQ: SOUN) on Friday, plunged -2.51% from the previous trading day, before settling in for the closing price of $16.35. Within the past 52 weeks, SOUN’s price has moved between $4.45 and $24.98.
The company achieved an average annual earnings per share of 99.73%. With a float of $364.38 million, this company’s outstanding shares have now reached $373.06 million.
SoundHound AI Inc (SOUN) Insider Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of SoundHound AI Inc is 10.62%, while institutional ownership is 43.19%. The most recent insider transaction that took place on Sep 22 ’25, was worth 2,098,697. In this transaction Chief Financial Officer of this company sold 126,596 shares at a rate of $16.58, taking the stock ownership to the 1,796,304 shares. Before that another transaction happened on Sep 22 ’25, when Company’s VP, Engineering sold 42,119 for $16.00, making the entire transaction worth $673,971. This insider now owns 685,538 shares in total.
SoundHound AI Inc (SOUN) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.04 earnings per share (EPS) for the period topping the consensus outlook (set at -0.07) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around 99.73% per share during the next fiscal year.
SoundHound AI Inc (NASDAQ: SOUN) Trading Performance Indicators
SoundHound AI Inc (SOUN) is currently performing well based on its current performance indicators. A quick ratio of 4.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 49.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.28 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 78.03 million. That was better than the volume of 45.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 52.77%.
During the past 100 days, SoundHound AI Inc’s (SOUN) raw stochastic average was set at 68.08%, which indicates a significant increase from 39.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.22 in the past 14 days, which was higher than the 0.88 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.53, while its 200-day Moving Average is $12.27. However, in the short run, SoundHound AI Inc’s stock first resistance to watch stands at $16.65. Second resistance stands at $17.35. The third major resistance level sits at $17.83. If the price goes on to break the first support level at $15.46, it is likely to go to the next support level at $14.97. Assuming the price breaks the second support level, the third support level stands at $14.27.
SoundHound AI Inc (NASDAQ: SOUN) Key Stats
Market capitalization of the company is 6.50 billion based on 407,686K outstanding shares. Right now, sales total 84,690 K and income totals -350,680 K. The company made 42,680 K in profit during its latest quarter, and -74,720 K in sales during its previous quarter.
