Peraso Inc (NASDAQ:PRSO) price on Thursday, May 01, fall -9.38% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.87.
A look at the stock’s price movement, the close in the last trading session was $0.96, moving within a range at $0.855 and $1.2. The beta value (5-Year monthly) was 0.671. Turning to its 52-week performance, $2.34 and $0.52 were the 52-week high and 52-week low respectively. Overall, PRSO moved 28.11% over the past month.
Peraso Inc’s market cap currently stands at around $4.21 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-18.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PRSO is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend PRSO as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PRSO’s current price about 18.33% and 12.27% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.20, while 7-day volatility ratio is 16.62% and 13.32% in the 30-day chart. Further, Peraso Inc (PRSO) has a beta value of 0.86, and an average true range (ATR) of 0.10. Analysts have given the company’s stock an average 52-week price target of $2, forecast between a low of $2 and high of $2. Looking at the price targets, the low is -129.89% off current price level while to achieve the yearly target high, price needs to move -129.89%. Nonetheless, investors will most likely welcome a -129.89% jump to $2 which is the analysts’ median price.
If we refocus on Peraso Inc (NASDAQ:PRSO), historical trading data shows that trading volumes averaged 0.27 over the past 10 days and 77.78K over the past 3 months. The company’s latest data on shares outstanding shows there are 4.53 million shares.
The 11.47% of Peraso Inc’s shares are in the hands of company insiders while institutional holders own 5.91% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 37570.0 on 2025-04-15, giving us a short ratio of 0.39. The data shows that as of 2025-04-15 short interest in Peraso Inc (PRSO) stood at 80.0 of shares outstanding, with shares short falling to 74315.0 registered in 2025-03-14. Current price change has pushed the stock -25.01% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PRSO stock continues to rise going into the next quarter.
