Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. SoundHound AI Inc’s current trading price is -55.20% away from its 52-week high, while its distance from the 52-week low is 192.93%. The stock’s price range over this period has fluctuated between $3.82 and $24.98. The company, operating within the financial sector, had a trading volume of approximately 26.42 million for the day, which was noticeably lower than the average daily share volume of 31.69 million over the last 3 months.
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 $3.82 on 07/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
SoundHound AI Inc (SOUN) has experienced a quarterly rise of 2.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.50B and boasts a workforce of 842 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.98, with a change in price of -7.66. Similarly, SoundHound AI Inc recorded 43,318,387 in trading volume during the last 100 days, posting a change of -40.65%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SOUN stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
SOUN Stock Stochastic Average
Today, SoundHound AI Inc’s raw stochastic average for the past 50 days stands at 76.18%, indicating a rise from the raw stochastic average of the last 20 days, which was 72.76%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 75.19% and 82.32% respectively.
SOUN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -43.60% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 48.02%. Over the past 30 days, the price of SOUN has fallen by 44.20%. And in the last five days, it has surged by 24.61%.
