At the time of writing, Peraso Inc [PRSO] stock is trading at $1.97, up 5.91%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PRSO shares have gain 11.93% over the last week, with a monthly amount glided 43.80%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
For the past year, the stock price of Peraso Inc fluctuated between $1.15 and $15.66. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Peraso Inc [NASDAQ: PRSO] shares were valued at $1.97 at the most recent close of the market. An investor can expect a potential return of 103.05% based on the average PRSO price forecast.
Analyzing the PRSO fundamentals
According to Peraso Inc [NASDAQ:PRSO], the company’s sales were 13.37M for trailing twelve months, which represents an 76.36% jump. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at -1.34%, Pretax Profit Margin comes in at -1.2%, and Net Profit Margin reading is -1.2%. To continue investigating profitability, this company’s Return on Assets is posted at -1.64, Equity is -2.45 and Total Capital is -4.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7867 points at the first support level, and at 1.6033 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.2467, and for the 2nd resistance point, it is at 2.5233.
Ratios To Look Out For
It is important to note that Peraso Inc [NASDAQ:PRSO] has a current ratio of 1.20. As well, the Quick Ratio is 0.74, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 0.41, the price to book ratio is 1.55.
Transactions by insiders
Recent insider trading involved Tomkins Alex, Chief Technology Officer, that happened on Jun 14 ’24 when 4800.0 shares were purchased. Director, McWalter Ian completed a deal on Jun 11 ’24 to buy 100000.0 shares.
