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Saturday, June 3, 2023

The Question Is Whether To Buy Or Not To Buy Peraso Inc. (NASDAQ: PRSO)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Peraso Inc. (PRSO) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.0208, or -5.22%, to $0.378. The Peraso Inc. has recorded 23,874 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Peraso to Attend Midwest Broadband Operators Conference.

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Stocks Info

Peraso Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductors industry. At the end of the last regular session, the stock closed at $0.40 and fluctuated between $0.4560 as its day high and $0.2831 as its day low. The current market capitalization of Peraso Inc. is $7.37M. A total of 1.9 million shares were traded on the day, compared to an average of 118.17K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, PRSO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 12 BUYs and 6 SELLs from insiders. Insiders purchased 302,425 shares during that period but sold 48,007.

In the most recent transaction, McWalter Ian bought 15,000 shares of PRSO for 1.65 per share on May 24. After the transaction, the Director now owns 30,018 company shares. In a previous transaction on May 23, Newell Robert Y IV bought 10,000 shares at 1.65 per share. PRSO shares that Director owns now total 90,862.

Among the insiders who bought shares, McWalter Ian acquired of 18 shares on May 23 at a per-share price of $1.62. This resulted in the Director holding 15,018 shares of PRSO after the transaction.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for PRSO in the last 3 months, the mean price target is $1.38 with high estimates of $1.50 and low estimates of $1.25. In terms of 52-week highs and lows, PRSO has a high of $2.69 and a low of $0.20.

As of this writing, PRSO has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.09 per share and a lower estimate of -$0.09. The company reported an EPS of -$0.13 in the last quarter, which was 23.50% higher than expectations of -$0.17.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PRSO’s latest balance sheet shows that the firm has $15.16M in Cash & Short Term Investments as of fiscal 2021. There were $667.00k in debt and $5.59M in liabilities at the time. Its Book Value Per Share was $0.65, while its Total Shareholder’s Equity was $42.07M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PRSO is Buy with a score of 5.00.

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