In the past week, PRSO stock has gone down by -30.76%, with a monthly gain of 10.62% and a quarterly plunge of -40.59%. The volatility ratio for the week is 12.15%, and the volatility levels for the last 30 days are 17.50% for Peraso Inc The simple moving average for the past 20 days is -11.62% for PRSO’s stock, with a -28.41% simple moving average for the past 200 days.
Is It Worth Investing in Peraso Inc (NASDAQ: PRSO) Right Now?
Additionally, the 36-month beta value for PRSO is 1.53. 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.”
The public float for PRSO is 3.39M and currently, short sellers hold a 13.13% ratio of that float. The average trading volume of PRSO on January 15, 2025 was 305.10K shares.
PRSO) stock’s latest price update
The stock price of Peraso Inc (NASDAQ: PRSO) has dropped by -9.21 compared to previous close of 1.06. Despite this, the company has seen a fall of -30.76% 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 -7.48% 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 -86.07% of loss for the given period.
Volatility was left at 17.50%, however, over the last 30 days, the volatility rate increased by 12.15%, as shares surge +11.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.05% lower at present.
During the last 5 trading sessions, PRSO fell by -30.76%, which changed the moving average for the period of 200-days by -33.63% in comparison to the 20-day moving average, which settled at $1.0889. In addition, Peraso Inc saw -17.03% 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.
Based on Peraso Inc (PRSO), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -7.19. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is -30.36.
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 0.22. 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 seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
