Peraso (NASDAQ:PRSO) Trading Down 2.4% – Time to Sell?

Peraso Inc. (NASDAQ:PRSOGet Free Report)’s stock price fell 2.4% during mid-day trading on Friday . The stock traded as low as $0.80 and last traded at $0.80. 16,028 shares were traded during mid-day trading, a decline of 96% from the average session volume of 394,672 shares. The stock had previously closed at $0.82.

Analyst Ratings Changes

Separately, Benchmark reduced their price target on Peraso from $4.00 to $3.00 and set a “speculative buy” rating on the stock in a research report on Wednesday, November 13th.

Read Our Latest Stock Analysis on Peraso

Peraso Trading Down 2.4 %

The firm has a market cap of $2.80 million, a price-to-earnings ratio of -0.05 and a beta of 1.62. The company has a 50 day moving average of $0.96 and a 200 day moving average of $1.17.

About Peraso

(Get Free Report)

Peraso Inc, a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules.

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