Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 144.36% this year. Over the last six months, there has been a weaker performance of 21.82%. The price of SOUN fallen by 5.02% during the last 30 days period. For the last 5-days stocks have slided -19.44%.
The present stock price for SoundHound AI Inc (SOUN) is $12.56. In the last trading session, the stock made a considerable jump, reaching $18.0 after an opening price of $12.56. The stock briefly fell to $8.5 before ending the session at $12.23.
SoundHound AI Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $24.98 on 12/26/24 and the lowest value was $4.32 on 09/06/24.
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 -49.72% away from its 52-week high, while its distance from the 52-week low is 190.44%. The stock’s price range during this period has varied between$4.32 and $24.98. The SoundHound AI Inc’s shares, which operate in the Technology, saw a trading volume of around 50.49 million for the day, a figure considerably higher than their average daily volume of 43.03 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
SoundHound AI Inc (SOUN) has experienced a quarterly rise of 31.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.12B and boasts a workforce of 842 employees.
SoundHound AI Inc: Analysts’ Ratings Unveiled
As of right now, 5 analysts are rating SoundHound AI Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 10.52, with a change in price of +4.44. Similarly, SoundHound AI Inc recorded 37,976,605 in trading volume during the last 100 days, posting a change of +54.68%.
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 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
SOUN Stock Stochastic Average
SoundHound AI Inc’s raw stochastic average for the past 50 days is presently 43.99%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 38.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 36.64% and 42.77%, respectively.
