The stock of Peraso Inc (PRSO) has gone up by 11.58% for the week, with a 14.10% rise in the past month and a -27.89% drop in the past quarter. The volatility ratio for the week is 21.77%, and the volatility levels for the past 30 days are 14.32% for PRSO. The simple moving average for the past 20 days is 8.49% for PRSO’s stock, with a -21.61% simple moving average for the past 200 days.
Is It Worth Investing in Peraso Inc (NASDAQ: PRSO) Right Now?
The 36-month beta value for PRSO is also noteworthy at 1.51. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for PRSO is 3.39M, and at present, short sellers hold a 4.27% of that float. The average trading volume of PRSO on January 03, 2025 was 249.53K shares.
PRSO) stock’s latest price update
Peraso Inc (NASDAQ: PRSO)’s stock price has gone decline by -8.62 in comparison to its previous close of 1.16, however, the company has experienced a 11.58% increase in its stock price over the last five trading days. accesswire.com reported 2024-11-26 that SAN JOSE, CAPELLEN / ACCESSWIRE / November 26, 2024 / Peraso Inc. (NASDAQ:PRSO), (“Peraso” or the “Company”), a pioneer in mmWave wireless technology solutions, today announced the Company will participate at the Benchmark Company’s 13th Annual Discovery Investor Conference to be held Wednesday, December 11, 2024, at the New York Athletic Club in New York City. Ron Glibbery, CEO, and Jim Sullivan, CFO, are scheduled to host one-on-one meetings with analysts and investors throughout the day.
PRSO Trading at -6.65% from the 50-Day Moving Average
After a stumble in the market that brought PRSO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.43% of loss for the given period.
Volatility was left at 14.32%, however, over the last 30 days, the volatility rate increased by 21.77%, as shares surge +15.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.77% lower at present.
During the last 5 trading sessions, PRSO rose by +11.58%, which changed the moving average for the period of 200-days by -39.08% in comparison to the 20-day moving average, which settled at $0.9769. In addition, Peraso Inc saw -8.62% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRSO starting from Tomkins Alex, who purchase 4,800 shares at the price of $1.53 back on Jun 14 ’24. After this action, Tomkins Alex now owns 6,419 shares of Peraso Inc, valued at $7,331 using the latest closing price.
McWalter Ian, the Director of Peraso Inc, purchase 100,000 shares at $1.27 during a trade that took place back on Jun 11 ’24, which means that McWalter Ian is holding 101,246 shares at $127,000 based on the most recent closing price.
Stock Fundamentals for PRSO
Current profitability levels for the company are sitting at:
- -1.5 for the present operating margin
- 0.18 for the gross margin
The net margin for Peraso Inc stands at -1.42. The total capital return value is set at -8.2. Equity return is now at value -262.77, with -150.72 for asset returns.
Currently, EBITDA for the company is -12.96 million with net debt to EBITDA at 0.07. When we switch over and look at the enterprise to sales, we see a ratio of 0.25. The receivables turnover for the company is 16.09for trailing twelve months and the total asset turnover is 1.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
In summary, Peraso Inc (PRSO) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
