With 43.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 32.2 million shares. The 52-week range on SOUN shows that it touched its highest point at $24.98 and its lowest point at $3.82 during that stretch. It currently has a 1-year price target of $12.93. Beta for the stock currently stands at 2.98.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SOUN was down-trending over the past week, with a drop of -4.37%, but this was up by 1.70% over a month. Three-month performance dropped to -42.44% while six-month performance rose 67.23%. The stock gained 81.78% in the past year, while it has lost -54.74% so far this year. A look at the trailing 12-month EPS for SOUN yields -0.55 with Next year EPS estimates of -0.21. For the next quarter, that number is -0.08. This implies an EPS growth rate of 95.05% for this year and -301.85% for next year.
Float and Shares Shorts:
At present, 368.87 million SOUN shares are outstanding with a float of 357.51 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SOUN since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.35729 being high and -$0.40691 being low. For SOUN, this leads to a yearly average estimate of -$0.37714.
