Peraso Inc [NASDAQ: PRSO] surged by $0.25 during the normal trading session on Thursday and reaching a high of $1.995 during the day while it closed the day at $1.62.
Peraso Inc stock has also gained 33.88% of its value over the past 7 days. However, PRSO stock has inclined by 54.29% in the 3 months of the year. Over the past six months meanwhile, it has gained 146.35% and lost -2.99% year-on date.
The market cap for PRSO stock reached $10.09 million, with 5.93 million shares outstanding and 5.46 million shares in the current float. Compared to the average trading volume of 3.38M shares, PRSO reached a trading volume of 23510968 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 3.25, with the Price to Cash per share for the same quarter was set at 0.28.
PRSO stock trade performance evaluation
Peraso Inc [PRSO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 33.88. With this latest performance, PRSO shares gained by 22.73% in over the last four-week period, additionally plugging by 146.35% over the last 6 months – not to mention a rise of 39.66% 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 74.13, with the RSI for the last a single of trading hit 0.1569, and the three-weeks RSI is set at 0.1269 for Peraso Inc [PRSO]. The present Moving Average for the last 50 days of trading for this stock 1.0424, while it was recorded at 1.3510 for the last single week of trading, and 0.9623 for the last 200 days.
Peraso Inc [PRSO]: An insightful look at the core 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.
Earnings per share (EPS) analysis for Peraso Inc [PRSO] stock
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]: Institutional Ownership
There are presently around $8.54%, or 8.69%% of PRSO stock, in the hands of institutional investors.
