Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Peraso Inc (NASDAQ: PRSO) closed at $1.00 down -1.96% from its previous closing price of $1.02. In other words, the price has decreased by -$1.96 from its previous closing price. On the day, 0.21 million shares were traded. PRSO stock price reached its highest trading level at $1.0535 during the session, while it also had its lowest trading level at $0.9535.
Ratios:
For a deeper understanding of Peraso Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.10.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3918380 and an Enterprise Value of 1052604. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 0.079 whereas that against EBITDA is -0.062.
Stock Price History:
The Beta on a monthly basis for PRSO is 1.53, which has changed by -0.8482549 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, PRSO has reached a high of $6.91, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is 0.51%, while the 200-Day Moving Average is calculated to be -25.21%.
Shares Statistics:
For the past three months, PRSO has traded an average of 312.88K shares per day and 426190 over the past ten days. A total of 3.83M shares are outstanding, with a floating share count of 3.39M. Insiders hold about 11.39% of the company’s shares, while institutions hold 2.55% stake in the company. Shares short for PRSO as of 1730332800 were 377861 with a Short Ratio of 1.42, compared to 1727654400 on 172200. Therefore, it implies a Short% of Shares Outstanding of 377861 and a Short% of Float of 13.850000000000001.
