Peraso Inc [NASDAQ: PRSO] price surged by 68.70 percent to reach at $0.56.
A sum of 186022309 shares traded at recent session while its average daily volume was at 239.08K shares. Peraso Inc shares reached a high of $1.63 and dropped to a low of $1.14 until finishing in the latest session at $1.38.
The one-year PRSO stock forecast points to a potential upside of 49.82. The average equity rating for PRSO stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Peraso Inc [PRSO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PRSO shares is $2.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PRSO stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Price to Book ratio for the last quarter was 2.77, with the Price to Cash per share for the same quarter was set at 0.28.
PRSO Stock Performance Analysis:
Peraso Inc [PRSO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 55.49. With this latest performance, PRSO shares gained by 62.74% in over the last four-week period, additionally plugging by 68.91% over the last 6 months – not to mention a rise of 18.97% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PRSO stock in for the last two-week period is set at 80.01, with the RSI for the last a single of trading hit 0.1389, and the three-weeks RSI is set at 0.0998 for Peraso Inc [PRSO]. The present Moving Average for the last 50 days of trading for this stock 0.9460, while it was recorded at 0.9559 for the last single week of trading, and 0.9205 for the last 200 days.
Insight into Peraso Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Peraso Inc [PRSO] shares currently have an operating margin of -50.29% and a Gross Margin at 52.01%. Peraso Inc’s Net Margin is presently recorded at -48.30%.
Peraso Inc (PRSO) Capital Structure & Debt Analysis
According to recent financial data for Peraso Inc. ( PRSO), the Return on Equity (ROE) stands at -200.76%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -85.96%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Peraso Inc’s Return on Invested Capital (ROIC) is -210.71%, showcasing its effectiveness in deploying capital for earnings.
Peraso Inc (PRSO) Efficiency & Liquidity Metrics
Based on Peraso Inc’s (PRSO) latest financial statements, the Debt-to-Equity Ratio is 0.08%, indicating its reliance on debt financing relative to shareholder equity.
Peraso Inc (PRSO) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Peraso Inc. (PRSO) effectively leverages its workforce, generating an average of -$156428.57 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.03% and a Quick Ratio of 1.48%, indicating strong ability to cover short-term liabilities.
PRSO Stock EPS
With the latest financial reports released by the company, Peraso Inc posted -0.34/share EPS, while the average EPS was predicted by analysts to be reported at -0.3/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PRSO.
Peraso Inc [PRSO] Institutonal Ownership Details
There are presently around $10.73%, or 10.96%% of PRSO stock, in the hands of institutional investors.
