As of close of business last night, Sonim Technologies Inc’s stock clocked out at $0.61, down -9.59% from its previous closing price of $0.67. In other words, the price has decreased by -$0.0647 from its previous closing price. On the day, 222658 shares were traded.
Ratios:
To gain a deeper understanding of SONM’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.36. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 15 ’23 when Crolius Clayton bought 86,700 shares for $0.68 per share. The transaction valued at 59,216 led to the insider holds 86,700 shares of the business.
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 27.13M and an Enterprise Value of 17.49M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 0.17 whereas that against EBITDA is 4.90.
Stock Price History:
Over the past 52 weeks, SONM has reached a high of $1.30, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is 0.6702, while the 200-Day Moving Average is calculated to be 0.7611.
Shares Statistics:
It appears that SONM traded 67.21K shares on average per day over the past three months and 96.62k shares per day over the past ten days. A total of 43.08M shares are outstanding, with a floating share count of 20.25M. Insiders hold about 52.98% of the company’s shares, while institutions hold 3.26% stake in the company. Shares short for SONM as of Mar 15, 2024 were 118.87k with a Short Ratio of 1.77, compared to 72.38k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.28% and a Short% of Float of 0.53%.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.06 and $0.06 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.18, with 1 analysts recommending between $0.18 and $0.18.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for SONM’s current fiscal year. The highest revenue estimate was $117.3M, while the lowest revenue estimate was $117.3M, resulting in an average revenue estimate of $117.3M. In the same quarter a year ago, actual revenue was $187.26M, down -37.40% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $150.01M in the next fiscal year. The high estimate is $150.01M and the low estimate is $150.01M. The average revenue growth estimate for next year is up 27.90% from the average revenue estimate for this year.
