At the time of writing, Peraso Inc [PRSO] stock is trading at $1.25, up 0.81%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PRSO shares have gain 6.84% over the last week, with a monthly amount glided 47.23%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Peraso Inc fluctuated between $0.52 and $2.34. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Peraso Inc [NASDAQ: PRSO] shares were valued at $1.25 at the most recent close of the market. An investor can expect a potential return of 60.0% based on the average PRSO price forecast.
Analyzing the PRSO fundamentals
According to Peraso Inc [NASDAQ:PRSO], the company’s sales were 15.63M for trailing twelve months, which represents an 37.39% jump. 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 1.1817 points at the first support level, and at 1.1133 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2967, and for the 2nd resistance point, it is at 1.3433.
Ratios To Look Out For
It is important to note that Peraso Inc [NASDAQ:PRSO] has a current ratio of 2.01. Also, the Quick Ratio is 1.41, while the Cash Ratio stands at 0.94. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 1.68.
