Peraso Inc [PRSO] stock prices are down -6.52% to $1.29 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PRSO shares have gain 48.26% over the last week, with a monthly amount glided 53.59%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of Peraso Inc [PRSO] has been fluctuating 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 $1.29 at the most recent close of the market. An investor can expect a potential return of 55.04% based on the average PRSO price forecast.
Analyzing the PRSO fundamentals
The Peraso Inc [NASDAQ:PRSO] reported sales of 13.61M for trailing twelve months, representing a drop of -47.62%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -0.5%, Pretax Profit Margin comes in at -0.48%, and Net Profit Margin reading is -0.48%. To continue investigating profitability, this company’s Return on Assets is posted at -1.19, Equity is -2.18 and Total Capital is -2.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 1.2133 points at the first support level, and at 1.1367 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3833, and for the 2nd resistance point, it is at 1.4767.
Ratios To Look Out For
It’s worth pointing out that Peraso Inc [NASDAQ:PRSO]’s Current Ratio is 2.03. On the other hand, the Quick Ratio is 1.48, and the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 2.59.
