Market Watch: Sonnet BioTherapeutics Holdings Inc (SONN)’s Noteworthy Drop, Closing at 1.46

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Sonnet BioTherapeutics Holdings Inc’s stock clocked out at $1.46, down -1.35% from its previous closing price of $1.48. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 0.14 million shares were traded. SONN stock price reached its highest trading level at $1.54 during the session, while it also had its lowest trading level at $1.445.

Ratios:

To gain a deeper understanding of SONN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.66.

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 4390848 and an Enterprise Value of -2229971. For the stock, the TTM Price-to-Sale (P/S) ratio is 219.49. Its current Enterprise Value per Revenue stands at -39.906 whereas that against EBITDA is 0.182.

Stock Price History:

Over the past 52 weeks, SONN has reached a high of $18.72, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -51.55%, while the 200-Day Moving Average is calculated to be -82.24%.

Shares Statistics:

It appears that SONN traded 1.34M shares on average per day over the past three months and 229180 shares per day over the past ten days. A total of 3.01M shares are outstanding, with a floating share count of 2.87M. Insiders hold about 4.41% of the company’s shares, while institutions hold 0.01% stake in the company. Shares short for SONN as of 1732838400 were 40115 with a Short Ratio of 0.16, compared to 1730332800 on 66231. Therefore, it implies a Short% of Shares Outstanding of 40115 and a Short% of Float of 4.8499998.

Most Popular