Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Peraso Inc (NASDAQ: PRSO) closed the day trading at $1.32 down -10.20% from the previous closing price of $1.47. In other words, the price has decreased by -$10.20 from its previous closing price. On the day, 0.67 million shares were traded.
Ratios:
For a better understanding of PRSO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 14 ’24 when Tomkins Alex bought 4,800 shares for $1.53 per share. The transaction valued at 7,331 led to the insider holds 6,419 shares of the business.
Stock Price History:
Over the past 52 weeks, PRSO has reached a high of $2.34, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is 53.20%, while the 200-Day Moving Average is calculated to be 23.65%.
Shares Statistics:
A total of 4.84M shares are outstanding, with a floating share count of 4.45M. Insiders hold about 11.49% of the company’s shares, while institutions hold 6.36% stake in the company.
