The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, SoundHound AI Inc’s stock clocked out at $8.50, down -4.28% from its previous closing price of $8.88. In other words, the price has decreased by -$4.28 from its previous closing price. On the day, 14.86 million shares were traded. SOUN stock price reached its highest trading level at $8.88 during the session, while it also had its lowest trading level at $8.4.
Ratios:
To gain a deeper understanding of SOUN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.77 and its Current Ratio is at 3.77. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On August 09, 2024, Cantor Fitzgerald Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $5 to $7.
Cantor Fitzgerald Upgraded its Underweight to Neutral on April 11, 2024, while the target price for the stock was maintained at $4.90.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 24 ’25 when HOM JAMES MING sold 51,196 shares for $10.25 per share. The transaction valued at 524,831 led to the insider holds 638,456 shares of the business.
HOM JAMES MING sold 28,388 shares of SOUN for $281,092 on Mar 20 ’25. The Chief Product Officer now owns 689,652 shares after completing the transaction at $9.90 per share. On Mar 24 ’25, another insider, MOHAJER KEYVAN, who serves as the CEO of the company, sold 138,895 shares for $10.08 each. As a result, the insider received 1,400,062 and left with 1,764,166 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SOUN now has a Market Capitalization of 3391176960 and an Enterprise Value of 3197302272. For the stock, the TTM Price-to-Sale (P/S) ratio is 40.04 while its Price-to-Book (P/B) ratio in mrq is 18.32. Its current Enterprise Value per Revenue stands at 37.752 whereas that against EBITDA is -33.4.
Stock Price History:
The Beta on a monthly basis for SOUN is 2.95, which has changed by 0.528777 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, SOUN has reached a high of $24.98, while it has fallen to a 52-week low of $3.50. The 50-Day Moving Average of the stock is -28.27%, while the 200-Day Moving Average is calculated to be -1.18%.
Shares Statistics:
It appears that SOUN traded 48.38M shares on average per day over the past three months and 21123640 shares per day over the past ten days. A total of 361.10M shares are outstanding, with a floating share count of 356.48M. Insiders hold about 10.65% of the company’s shares, while institutions hold 32.84% stake in the company. Shares short for SOUN as of 1741910400 were 116570152 with a Short Ratio of 2.41, compared to 1739491200 on 100849306. Therefore, it implies a Short% of Shares Outstanding of 116570152 and a Short% of Float of 32.029998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
