In terms of market performance, SoundHound AI Inc had a fairly uneven.
52-week price history of SOUN Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. SoundHound AI Inc’s current trading price is -61.95% away from its 52-week high, while its distance from the 52-week low is 148.82%. The stock’s price range during the 52-week period has remained between $3.82 and $24.98. In the Technology sector, the company’s shares saw a trading volume of around 10.91 million for the day, which was evidently lower than the average daily volume of 28.29 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
SoundHound AI Inc (SOUN) has experienced a quarterly decline of -3.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.82B and boasts a workforce of 842 employees.
Making Sense of Trading Volume and Moving Average Data
Examining SOUN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded an increase of 132.40%. However, over the last six months, the performance has been stronger by -50.98%. The price of SOUN increased 0.37% over the last 30 days. And in the last five days, it has surged by 4.45%.
