Should You Expect A Quick Recovery From SoundHound AI Inc (NASDAQ: SOUN) After -158.84% Decline From High?

SoundHound AI Inc (NASDAQ:SOUN)’s traded shares stood at 13.31 million during the last session, with the company’s beta value hitting 3.29. At the close of trading, the stock’s price was $3.96, to imply a decrease of -2.46% or -$0.1 in intraday trading. The SOUN share’s 52-week high remains $10.25, putting it -158.84% down since that peak but still an impressive 62.37% since price per share fell to its 52-week low of $1.49. The company has a valuation of $1.22B, with an average of 62.51 million shares over the past 3 months.

SoundHound AI Inc (NASDAQ:SOUN) trade information

After registering a -2.46% downside in the last session, SoundHound AI Inc (SOUN) has traded red over the past five days. The stock hit a weekly high of 4.77, dropping -2.46% in its intraday price action. The 5-day price performance for the stock is -12.20%, and -51.94% over 30 days. With these gigs, the year-to-date price performance is 86.79%.

SoundHound AI Inc (SOUN) estimates and forecasts

Looking at statistics comparing SoundHound AI Inc share performance against respective industry, we note that the company has outperformed competitors. SoundHound AI Inc (SOUN) shares are 109.52% up over the last 6 months, with its year-to-date growth rate higher than industry average at 21.05% against 11.60%.

SOUN Dividends

SoundHound AI Inc has its next earnings report out between May 09 and May 13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. SoundHound AI Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.