Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Sonim Technologies Inc (NASDAQ: SONM) closed the day trading at $3.79 down -23.28% from the previous closing price of $4.94. In other words, the price has decreased by -$23.28 from its previous closing price. On the day, 0.22 million shares were traded. SONM stock price reached its highest trading level at $4.97 during the session, while it also had its lowest trading level at $3.71.
On July 18, 2019, B. Riley FBR started tracking the stock assigning a Buy rating and target price of $17.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 26 ’25 when LYTTON LAURENCE W sold 466,402 shares for $1.50 per share. The transaction valued at 699,603 led to the insider holds 400,514 shares of the business.
LYTTON LAURENCE W sold 400,514 shares of SONM for $556,714 on Jun 30 ’25. The 10% Owner now owns 0 shares after completing the transaction at $1.39 per share. On Apr 23 ’25, another insider, Becher Charles, who serves as the insider of the company, sold 31,326 shares for $1.45 each. As a result, the insider received 45,423 and left with 62,668 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SONM now has a Market Capitalization of 5641282 and an Enterprise Value of 6828746. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 0.116 whereas that against EBITDA is -0.242.
Stock Price History:
The Beta on a monthly basis for SONM is 1.53, which has changed by -0.91186756 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, SONM has reached a high of $114.84, while it has fallen to a 52-week low of $4.75. The 50-Day Moving Average of the stock is -56.91%, while the 200-Day Moving Average is calculated to be -77.68%.
Shares Statistics:
Over the past 3-months, SONM traded about 53.44K shares per day on average, while over the past 10 days, SONM traded about 29980 shares per day. A total of 1.09M shares are outstanding, with a floating share count of 0.62M. Insiders hold about 42.89% of the company’s shares, while institutions hold 2.66% stake in the company. Shares short for SONM as of 1764288000 were 52928 with a Short Ratio of 1.01, compared to 1761868800 on 58824. Therefore, it implies a Short% of Shares Outstanding of 52928 and a Short% of Float of 5.9499998.
