For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Sonnet BioTherapeutics Holdings Inc (NASDAQ: SONN) closed at $2.81 down -15.36% from its previous closing price of $3.32. In other words, the price has decreased by -$15.36 from its previous closing price. On the day, 0.72 million shares were traded. SONN stock price reached its highest trading level at $3.2 during the session, while it also had its lowest trading level at $2.71.
Ratios:
For a deeper understanding of Sonnet BioTherapeutics Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 17602290 and an Enterprise Value of 6927088. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.60 while its Price-to-Book (P/B) ratio in mrq is 13.25. Its current Enterprise Value per Revenue stands at 6.927 whereas that against EBITDA is -0.503.
Stock Price History:
The Beta on a monthly basis for SONN is 1.05, which has changed by -0.5378289 over the last 52 weeks, in comparison to a change of 0.20277917 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 -4.32%, while the 200-Day Moving Average is calculated to be 21.62%.
Shares Statistics:
For the past three months, SONN has traded an average of 3.78M shares per day and 896650 over the past ten days. A total of 6.26M shares are outstanding, with a floating share count of 5.71M. Insiders hold about 9.66% of the company’s shares, while institutions hold 2.57% stake in the company. Shares short for SONN as of 1752537600 were 1144899 with a Short Ratio of 0.30, compared to 1749772800 on 60829. Therefore, it implies a Short% of Shares Outstanding of 1144899 and a Short% of Float of 34.63.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
