In the latest session, SoundHound AI Inc (NASDAQ: SOUN) closed at $4.38 down -8.18% from its previous closing price of $4.77. On the day, 17735470 shares were traded.
Ratios:
For a deeper understanding of SoundHound AI Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.69 and its Current Ratio is at 4.69. In the meantime, Its Debt-to-Equity ratio is 3.20 whereas as Long-Term Debt/Eq ratio is at 3.10.
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 Mar 22 ’24 when MOHAJER KEYVAN sold 31,665 shares for $6.08 per share. The transaction valued at 192,454 led to the insider holds 1,137,831 shares of the business.
STONEHOCKER TIMOTHY sold 5,276 shares of SOUN for $40,605 on Mar 21 ’24. The Chief Technology Officer now owns 982,584 shares after completing the transaction at $7.70 per share. On Mar 19 ’24, another insider, MOHAJER KEYVAN, who serves as the CEO of the company, sold 48,837 shares for $8.37 each. As a result, the insider received 408,551 and left with 1,169,496 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 29.52 while its Price-to-Book (P/B) ratio in mrq is 79.71.
Stock Price History:
Over the past 52 weeks, SOUN has reached a high of $10.25, while it has fallen to a 52-week low of $1.49.
Shares Statistics:
A total of 309.12M shares are outstanding, with a floating share count of 259.64M. Insiders hold about 16.01% of the company’s shares, while institutions hold 18.57% stake in the company.
Earnings Estimates
There are SoundHound AI, Inc. different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $53.35, with high estimates of $2.00 and low estimates of $14.82.
Analysts are recommending an EPS of between $Healthcare and $Technology for the fiscal current year, implying an average EPS of $Energy.
