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The closing price of Sonnet BioTherapeutics Holdings Inc (NASDAQ: SONN) was $3.76 for the day, down -4.81% from the previous closing price of $3.95. In other words, the price has decreased by -$4.81 from its previous closing price. On the day, 1.43 million shares were traded. SONN stock price reached its highest trading level at $4.29 during the session, while it also had its lowest trading level at $3.4901.
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 23553242 and an Enterprise Value of 10536112. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.55. Its current Enterprise Value per Revenue stands at 10.536 whereas that against EBITDA is -0.765.
Stock Price History:
The Beta on a monthly basis for SONN is 1.23, which has changed by -0.2878788 over the last 52 weeks, in comparison to a change of 0.16461086 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 14.17%, while the 200-Day Moving Average is calculated to be 71.05%.
Shares Statistics:
SONN traded an average of 3.91M shares per day over the past three months and 1020650 shares per day over the past ten days. A total of 6.26M shares are outstanding, with a floating share count of 5.71M. Insiders hold about 8.85% of the company’s shares, while institutions hold 2.79% stake in the company. Shares short for SONN as of 1753920000 were 1031208 with a Short Ratio of 0.26, compared to 1751241600 on 41156. Therefore, it implies a Short% of Shares Outstanding of 1031208 and a Short% of Float of 16.530001.
