Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $1.02 in the prior trading day, Sonim Technologies Inc (NASDAQ: SONM) closed at $0.93, down -8.84%. In other words, the price has decreased by -$8.84 from its previous closing price. On the day, 0.59 million shares were traded.
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 0.53 and its Current Ratio is at 0.78.
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 Apr 23 ’25 when Becher Charles sold 31,326 shares for $1.45 per share. The transaction valued at 45,423 led to the insider holds 62,668 shares of the business.
MULICA MICHAEL C sold 27,818 shares of SONM for $40,336 on Apr 23 ’25. The Director now owns 73,292 shares after completing the transaction at $1.45 per share. On Apr 23 ’25, another insider, Crolius Clayton, who serves as the Chief Financial Officer of the company, sold 11,634 shares for $1.45 each. As a result, the insider received 16,869 and left with 30,958 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15.
Stock Price History:
Over the past 52 weeks, SONM has reached a high of $10.70, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is -28.47%, while the 200-Day Moving Average is calculated to be -63.24%.
Shares Statistics:
A total of 6.33M shares are outstanding, with a floating share count of 5.26M. Insiders hold about 42.86% of the company’s shares, while institutions hold 1.36% stake in the company.
