Upward Trajectory: Peraso Inc (PRSO) Posts a Slidee, Closing at 1.36

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The closing price of Peraso Inc (NASDAQ: PRSO) was $1.36 for the day, down -2.16% from the previous closing price of $1.39. In other words, the price has decreased by -$2.16 from its previous closing price. On the day, 0.12 million shares were traded. PRSO stock price reached its highest trading level at $1.4 during the session, while it also had its lowest trading level at $1.33.

Ratios:

Our analysis of PRSO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.04.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 3752884 and an Enterprise Value of 1922879. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.167 whereas that against EBITDA is -0.101.

Stock Price History:

The Beta on a monthly basis for PRSO is 1.82, which has changed by -0.9285714 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, PRSO has reached a high of $22.76, while it has fallen to a 52-week low of $1.17. The 50-Day Moving Average of the stock is -0.41%, while the 200-Day Moving Average is calculated to be -68.99%.

Shares Statistics:

PRSO traded an average of 1.09M shares per day over the past three months and 58400 shares per day over the past ten days. A total of 2.60M shares are outstanding, with a floating share count of 2.35M. Insiders hold about 9.56% of the company’s shares, while institutions hold 4.93% stake in the company. Shares short for PRSO as of 1718323200 were 83329 with a Short Ratio of 0.08, compared to 1715731200 on 98900. Therefore, it implies a Short% of Shares Outstanding of 83329 and a Short% of Float of 3.2300000000000004.

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