Upward Trajectory: Sonnet BioTherapeutics Holdings Inc (SONN) Posts a Gaine%, Closing at $7.58

Kevin Freeman

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The closing price of Sonnet BioTherapeutics Holdings Inc (NASDAQ: SONN) was $7.58 for the day, up 7.37% from the previous closing price of $7.06. In other words, the price has increased by $7.37 from its previous closing price. On the day, 1.59 million shares were traded. SONN stock price reached its highest trading level at $7.85 during the session, while it also had its lowest trading level at $7.065.

Ratios:

Our analysis of SONN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 0.26.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SONN now has a Market Capitalization of 51751328 and an Enterprise Value of 50945528. For. The Stock, the TTM Price-to-Sale (P/S) ratio is 51.75. Its current Enterprise Value per Revenue stands at 50.946 whereas that against EBITDA is -3.627.

Stock Price History:

The Beta on a monthly basis for SONN is 1.36, which has changed by -0.05250001 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, SONN has reached a high of $19.30, while it has fallen to a 52-week low of $1.08. The 50-Day Moving Average of. The Stock is 75.07%, while the 200-Day Moving Average is calculated to be 237.55%.

Shares Statistics:

SONN traded an average of 4.36M shares per day over the past three months and 2492070 shares per day over the past ten days. A total of 6.83M shares are outstanding, with a floating share count of 6.56M. Insiders hold about 3.95% of the company’s shares, while institutions hold 2.64% stake in the company. Shares short for SONN as of 1756425600 were 1866078 with a Short Ratio of 0.43, compared to 1753920000 on 1031208. Therefore, it implies a Short% of Shares Outstanding of 1866078 and a Short% of Float of 27.37.

Earnings Estimates

Current recommendations for. The Stock of the company come from 1.0 analysts.

Analysts are recommending an EPS of between -$3.46 and -$3.46 for the fiscal current year, implying an average EPS of -$3.46.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for SONN’s current fiscal year. The highest revenue estimate was $1M, while the lowest revenue estimate was $1M, resulting in an average revenue estimate of $1M. In the same quarter a year ago, actual revenue was $18.63k

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.