Post-Trade Analysis: Sonim Technologies Inc (SONM) Slides -41.35, Closing at 0.56

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After finishing at $0.95 in the prior trading day, Sonim Technologies Inc (NASDAQ: SONM) closed at $0.56, down -41.35%. In other words, the price has decreased by -$41.35 from its previous closing price. On the day, 1.46 million shares were traded. SONM stock price reached its highest trading level at $0.915 during the session, while it also had its lowest trading level at $0.5502.


Our goal is to gain a better understanding of SONM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 21 ’24 when MULICA MICHAEL C sold 36,016 shares for $0.69 per share. The transaction valued at 24,851 led to the insider holds 428,156 shares of the business.

Wang Jeffrey sold 36,016 shares of SONM for $24,851 on Jun 21 ’24. The Director now owns 274,011 shares after completing the transaction at $0.69 per share. On Jun 21 ’24, another insider, Cassano James S, who serves as the Director of the company, sold 36,015 shares for $0.69 each. As a result, the insider received 24,850 and left with 274,012 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 25727548 and an Enterprise Value of 16475540. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 0.195 whereas that against EBITDA is -52.976.

Stock Price History:

The Beta on a monthly basis for SONM is 2.58, which has changed by -0.52086955 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, SONM has reached a high of $1.19, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is -11.86%, while the 200-Day Moving Average is calculated to be -17.42%.

Shares Statistics:

The stock has traded on average 312.76K shares per day over the past 3-months and 607410 shares per day over the last 10 days, according to various share statistics. A total of 43.08M shares are outstanding, with a floating share count of 23.63M. Insiders hold about 49.42% of the company’s shares, while institutions hold 2.98% stake in the company. Shares short for SONM as of 1718323200 were 403543 with a Short Ratio of 1.29, compared to 1715731200 on 99380. Therefore, it implies a Short% of Shares Outstanding of 403543 and a Short% of Float of 8.1499994.

Earnings Estimates

Sonim Technologies Inc (SONM) is currently under the scrutiny of 1 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.05, while EPS last year was -$0.03. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.

Analysts are recommending an EPS of between -$0.21 and -$0.21 for the fiscal current year, implying an average EPS of -$0.21. EPS for the following year is $0.1, with 1.0 analysts recommending between $0.1 and $0.1.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $14.15M. There is a high estimate of $14.15M for the next quarter, whereas the lowest estimate is $14.15M.

A total of 1 analysts have provided revenue estimates for SONM’s current fiscal year. The highest revenue estimate was $60.72M, while the lowest revenue estimate was $60.72M, resulting in an average revenue estimate of $60.72M. In the same quarter a year ago, actual revenue was $93.63MBased on 1 analysts’ estimates, the company’s revenue will be $127.22M in the next fiscal year. The high estimate is $127.22M and the low estimate is $127.22M.

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