Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -28.68%.However, over the last six months, we can see a weaker performance of 178.00%. Over the last 30 days, the price of SOUN has leaped by -37.61%. And in the last five days, it has fallen by -10.67%.
SoundHound AI Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $24.98 on 12/26/24, while the lowest price for the same period was registered at $1.62 on 02/06/24.
52-week price history of SOUN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. SoundHound AI Inc’s current trading price is -43.35% away from its 52-week high, while its distance from the 52-week low is 773.46%. The stock’s price range during this period has varied between$1.62 and $24.98. The SoundHound AI Inc’s shares, which operate in the Technology, saw a trading volume of around 41.23 million for the day, a figure considerably lower than their average daily volume of 73.28 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
SoundHound AI Inc (SOUN) has experienced a quarterly rise of 135.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.57B and boasts a workforce of 260 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.04, with a change in price of +9.80. Similarly, SoundHound AI Inc recorded 51,646,039 in trading volume during the last 100 days, posting a change of +225.29%.
SOUN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SOUN stands at 0.15. Similarly, the long-term debt-to-equity ratio is also 0.14.
SOUN Stock Stochastic Average
SoundHound AI Inc’s raw stochastic average for the past 50 days is presently 43.03%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 16.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 15.38% and 14.72%, respectively.
