Peraso Inc (NASDAQ:PRSO) shares, rose in value on Friday, June 20, with the stock price down by -7.20% to the previous day’s close as strong demand from buyers drove the stock to $1.16.
Actively observing the price movement in the last trading, the stock closed the session at $1.25, falling within a range of $1.15 and $1.31. The value of beta (5-year monthly) was 0.601. Referring to stock’s 52-week performance, its high was $2.34, and the low was $0.52. On the whole, PRSO has fluctuated by 35.04% over the past month.
With the market capitalization of Peraso Inc currently standing at about $5.83 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.56M, with a low estimate of 2.5M and a high estimate of 4.01M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.26M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PRSO’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of PRSO currently trading nearly 5.82% and 23.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.85, while the 7-day volatility ratio is showing 6.49% which for the 30-day chart, stands at 8.15%. Furthermore, Peraso Inc (PRSO)’s beta value is 0.83, and its average true range (ATR) is 0.14.
A comparison of Peraso Inc (PRSO) with its peers suggests the former has fared considerably weaker in the market. PRSO showed an intraday change of -7.20% in last session, and over the past year, it shrunk by -23.18%%.
Data on historical trading for Peraso Inc (NASDAQ:PRSO) indicates that the trading volumes over the past 10 days have averaged 0.44 and over the past 3 months, they’ve averaged 210.68K. According to company’s latest data on outstanding shares, there are 4.84 million shares outstanding.
Nearly 11.49% of Peraso Inc’s shares belong to company insiders and institutional investors own 6.36% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.13 million shares as on 2025-05-30, resulting in a short ratio of 0.49. According to the data, the short interest in Peraso Inc (PRSO) stood at 274.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 57308.0. This could raise investors’ confidence to be optimistic about the PRSO stock heading into the next quarter.