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After finishing at $0.96 in the prior trading day, Peraso Inc (NASDAQ: PRSO) closed at $0.87, down -9.38%. In other words, the price has decreased by -$9.38 from its previous closing price. On the day, 1.8 million shares were traded. PRSO stock price reached its highest trading level at $1.2 during the session, while it also had its lowest trading level at $0.855.
Ratios:
Our goal is to gain a better understanding of PRSO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.05.
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.
McWalter Ian bought 100,000 shares of PRSO for $127,000 on Jun 11 ’24. The Director now owns 101,246 shares after completing the transaction at $1.27 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRSO now has a Market Capitalization of 4264937 and an Enterprise Value of 1241939. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 0.085 whereas that against EBITDA is -0.142.
Stock Price History:
The Beta on a monthly basis for PRSO is 0.86, which has changed by -0.37857145 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. 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 12.27%, while the 200-Day Moving Average is calculated to be -23.07%.
Shares Statistics:
The stock has traded on average 77.78K shares per day over the past 3-months and 273850 shares per day over the last 10 days, according to various share statistics. A total of 4.53M shares are outstanding, with a floating share count of 4.29M. Insiders hold about 11.47% of the company’s shares, while institutions hold 5.91% stake in the company. Shares short for PRSO as of 1744675200 were 37570 with a Short Ratio of 0.48, compared to 1741910400 on 74315. Therefore, it implies a Short% of Shares Outstanding of 37570 and a Short% of Float of 0.8.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$1.33 and -$1.33 for the fiscal current year, implying an average EPS of -$1.33. EPS for the following year is $0.13, with 1.0 analysts recommending between $0.13 and $0.13.
Revenue Estimates
2 analysts predict $3.82M in revenue for the current quarter. It ranges from a high estimate of $3.84M to a low estimate of $3.8M. As of the current estimate, Peraso Inc’s year-ago sales were $2.82MFor the next quarter, 2 analysts are estimating revenue of $3.26M. There is a high estimate of $4.01M for the next quarter, whereas the lowest estimate is $2.5M.
A total of 3 analysts have provided revenue estimates for PRSO’s current fiscal year. The highest revenue estimate was $16.42M, while the lowest revenue estimate was $14.7M, resulting in an average revenue estimate of $15.61M. In the same quarter a year ago, actual revenue was $14.57MBased on 2 analysts’ estimates, the company’s revenue will be $21.48M in the next fiscal year. The high estimate is $24.9M and the low estimate is $18.06M.
