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After finishing at $1.80 in the prior trading day, Sonim Technologies Inc (NASDAQ: SONM) closed at $1.59, down -11.67%. In other words, the price has decreased by -$11.67 from its previous closing price. On the day, 1.0 million shares were traded. SONM stock price reached its highest trading level at $1.9 during the session, while it also had its lowest trading level at $1.53.
Ratios:
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 0.49 and its Current Ratio is at 0.74.
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 Nov 13 ’24 when MULICA MICHAEL C sold 2,559 shares for $3.28 per share. The transaction valued at 8,394 led to the insider holds 54,382 shares of the business.
Steenstra Jack sold 1,623 shares of SONM for $5,956 on Jul 19 ’24. The Director now owns 25,792 shares after completing the transaction at $3.67 per share. On Jul 19 ’24, another insider, Cassano James S, who serves as the Director of the company, sold 1,623 shares for $3.68 each. As a result, the insider received 5,973 and left with 25,779 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 10055256 and an Enterprise Value of 1365307. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17. Its current Enterprise Value per Revenue stands at 0.024 whereas that against EBITDA is -0.144.
Stock Price History:
The Beta on a monthly basis for SONM is 1.85, which has changed by -0.73719007 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, SONM has reached a high of $10.70, while it has fallen to a 52-week low of $1.71. The 50-Day Moving Average of the stock is -34.37%, while the 200-Day Moving Average is calculated to be -52.74%.
Shares Statistics:
The stock has traded on average 194.24K shares per day over the past 3-months and 659160 shares per day over the last 10 days, according to various share statistics. A total of 4.98M shares are outstanding, with a floating share count of 1.59M. Insiders hold about 74.86% of the company’s shares, while institutions hold 1.42% stake in the company. Shares short for SONM as of 1741910400 were 62077 with a Short Ratio of 0.32, compared to 1739491200 on 68749. Therefore, it implies a Short% of Shares Outstanding of 62077 and a Short% of Float of 3.66.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
