Sonim Technologies Inc (SONM) concluded trading on Wednesday at a closing price of $0.41, with 3.66 million shares of worth about $1.5 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -44.48% during that period and on July 17, 2024 the price saw a loss of about -18.18%. Currently the company’s common shares owned by public are about 43.08M shares, out of which, 23.63M shares are available for trading.
Stock saw a price change of -17.53% in past 5 days and over the past one month there was a price change of -48.88%. Year-to-date (YTD), SONM shares are showing a performance of -43.65% which decreased to -62.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.44 but also hit the highest price of $1.12 during that period. The average intraday trading volume for Sonim Technologies Inc shares is 379.46K. The stock is currently trading -44.95% below its 20-day simple moving average (SMA20), while that difference is down -35.46% for SMA50 and it goes to -38.35% lower than SMA200.
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Sonim Technologies Inc (NASDAQ: SONM) currently have 43.08M outstanding shares and institutions hold larger chunk of about 2.98% of that.
The stock has a current market capitalization of $19.35M and its 3Y-monthly beta is at 2.50. It has posted earnings per share of -$0.07 in the same period. It has Quick Ratio of 1.18 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SONM, volatility over the week remained 15.32% while standing at 15.58% over the month.
EPS is likely to shrink at an annualized rate of 25.00% for next 5-years, compared to annual growth of 78.17% made by the stock over the past 5-years.
Coverage by B. Riley FBR stated Sonim Technologies Inc (SONM) stock as a Buy in their note to investors on July 18, 2019, suggesting a price target of $17 for the stock. Stock get an Outperform rating from Oppenheimer on June 04, 2019.
