Peraso Inc [PRSO] stock is trading at $0.93, down -1.91%. 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 6.33% over the last week, with a monthly amount drifted -3.07%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Peraso Inc [PRSO] stock has fluctuated between $0.52 and $2.34 over the past year. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Peraso Inc [NASDAQ: PRSO] shares were valued at $0.93 at the most recent close of the market. An investor can expect a potential return of 115.05% based on the average PRSO price forecast.
Analyzing the PRSO fundamentals
Peraso Inc [NASDAQ:PRSO] reported sales of 15.63M for the trailing twelve months, which represents a growth of 37.39%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.6%, Pretax Profit Margin comes in at -0.59%, and Net Profit Margin reading is -0.59%. To continue investigating profitability, this company’s Return on Assets is posted at -1.36, Equity is -2.9 and Total Capital is -2.47. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 0.8796 points at the first support level, and at 0.8287 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9617, and for the 2nd resistance point, it is at 0.9929.
Ratios To Look Out For
For context, Peraso Inc’s Current Ratio is 2.01. As well, the Quick Ratio is 1.41, while the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 0.30, the price to book ratio is 1.25.
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.
