Peraso Inc (NASDAQ: PRSO) is -13.79% lower on its value in year-to-date trading and has touched a low of $0.73 and a high of $6.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PRSO stock was last observed hovering at around $1.02 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.00, the stock is -9.39% and 0.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing -1.96% at the moment leaves the stock -25.21% off its SMA200. PRSO registered -81.13% loss for a year compared to 6-month loss of -34.21%. The firm has a 50-day simple moving average (SMA 50) of $0.9952 and a 200-day simple moving average (SMA200) of $1.3374.
The stock witnessed a 6.84% gain in the last 1 month and extending the period to 3 months gives it a -37.66%, and is -13.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.50% over the week and 17.38% over the month.
Peraso Inc (PRSO) has around 48 employees, a market worth around $3.83M and $12.73M in sales. Profit margin for the company is -142.26%. Distance from 52-week low is 36.99% and -85.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-814.48%).
with sales reaching $3.88M over the same period.The EPS is expected to grow by 89.81% this year, but quarterly earnings will post 7.44% year-over-year. Quarterly sales are estimated to grow 111.52% in year-over-year returns.
Peraso Inc (PRSO) Top Institutional Holders
13.0 institutions hold shares in Peraso Inc (PRSO), with institutional investors hold 12.77% of the company’s shares. The shares outstanding are 3.83M, and float is at 3.39M with Short Float at 13.13%. Institutions hold 11.79% of the Float.
Peraso Inc (PRSO) Insider Activity
The most recent transaction is an insider purchase by Tomkins Alex, the company’s Chief Technology Officer. SEC filings show that Tomkins Alex bought 4,800 shares of the company’s common stock on Jun 14 ’24 at a price of $1.53 per share for a total of $7331.0. Following the purchase, the insider now owns 6419.0 shares.
Peraso Inc disclosed in a document filed with the SEC on Jun 11 ’24 that McWalter Ian (Director) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Jun 11 ’24 and was made at $1.27 per share for $0.13 million. Following the transaction, the insider now directly holds 0.1 million shares of the PRSO stock.
