The 36-month beta value for PRSO is at 1.52. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PRSO is 3.39M, and currently, shorts hold a 4.27% of that float. The average trading volume for PRSO on January 10, 2025 was 295.00K shares.
PRSO) stock’s latest price update
The stock of Peraso Inc (NASDAQ: PRSO) has decreased by -12.88 when compared to last closing price of 1.32.Despite this, the company has seen a loss of -0.86% 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’s Market Performance
Peraso Inc (PRSO) has seen a -0.86% fall in stock performance for the week, with a 31.38% gain in the past month and a -31.55% plunge in the past quarter. The volatility ratio for the week is 19.86%, and the volatility levels for the past 30 days are at 16.73% for PRSO. The simple moving average for the past 20 days is 8.45% for PRSO’s stock, with a -14.82% simple moving average for the past 200 days.
PRSO Trading at 4.90% 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 -83.62% of loss for the given period.
Volatility was left at 16.73%, however, over the last 30 days, the volatility rate increased by 19.86%, as shares surge +27.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.17% lower at present.
During the last 5 trading sessions, PRSO fell by -0.86%, which changed the moving average for the period of 200-days by -19.01% in comparison to the 20-day moving average, which settled at $1.0603. In addition, Peraso Inc saw -0.86% 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 0.27. 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 conclusion, Peraso Inc (PRSO) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
