SoundHound AI (NASDAQ:SOUNW) Trading Up 1.1% – Still a Buy?

SoundHound AI, Inc. (NASDAQ:SOUNW) shares traded up 1.1% during mid-day trading on Friday . The stock traded as high as $1.95 and last traded at $1.89. 27,192 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 147,892 shares. The stock had previously closed at $1.87.

SoundHound AI Price Performance

The company has a 50-day simple moving average of $1.90 and a 200-day simple moving average of $1.98.

SoundHound AI Company Profile

SoundHound AI, Inc develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.