On Tuesday, Peraso Inc (NASDAQ: PRSO) opened higher 12.50% from the last session, before settling in for the closing price of $1.2. Price fluctuations for PRSO have ranged from $0.52 to $2.34 over the past 52 weeks.
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 40.44%. Company’s average yearly earnings per share was noted 52.34% at the time writing. With a float of $5.46 million, this company’s outstanding shares have now reached $5.93 million.
Peraso Inc (PRSO) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Peraso Inc is 12.30%, while institutional ownership is 7.35%.
Peraso Inc (PRSO) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.34 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.3) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.34% per share during the next fiscal year.
Peraso Inc (NASDAQ: PRSO) Trading Performance Indicators
Check out the current performance indicators for Peraso Inc (PRSO). In the past quarter, the stock posted a quick ratio of 1.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.74, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.25 in one year’s time.
Technical Analysis of Peraso Inc (PRSO)
Compared to the last year’s volume of 1.28 million, its volume of 0.56 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 67.69%.
During the past 100 days, Peraso Inc’s (PRSO) raw stochastic average was set at 67.40%, which indicates a significant decrease from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0699 in the past 14 days, which was lower than the 0.0913 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0176, while its 200-day Moving Average is $0.9564. Nevertheless, the first resistance level for the watch stands at $1.3900 in the near term. At $1.4300, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5100. If the price goes on to break the first support level at $1.2700, it is likely to go to the next support level at $1.1900. Now, if the price goes above the second support level, the third support stands at $1.1500.
Peraso Inc (NASDAQ: PRSO) Key Stats
There are currently 6,228K shares outstanding in the company with a market cap of 8.40 million. Presently, the company’s annual sales total 14,570 K according to its annual income of -10,730 K. Last quarter, the company’s sales amounted to 2,220 K and its income totaled -1,830 K.
