Technical Outlook And Game Plan For Sonim Technologies Inc (NASDAQ: SONM)

Sonim Technologies Inc (SONM) concluded trading on Wednesday at a closing price of $1.26, with 75.63 million shares of worth about $95.29 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -64.10% during that period and on June 25, 2025 the price saw a gain of about 12.50%. Currently the company’s common shares owned by public are about 6.33M shares, out of which, 5.91M shares are available for trading.

Stock saw a price change of -11.27% in past 5 days and over the past one month there was a price change of 32.63%. Year-to-date (YTD), SONM shares are showing a performance of -83.95% which decreased to -60.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.85 but also hit the highest price of $10.70 during that period. The average intraday trading volume for Sonim Technologies Inc shares is 2.18 million. The stock is currently trading 11.20% above its 20-day simple moving average (SMA20), while that difference is up 0.56% for SMA50 and it goes to -49.38% lower than SMA200.

Sonim Technologies Inc (NASDAQ: SONM) currently have 6.33M outstanding shares and institutions hold larger chunk of about 1.21% of that.

The stock has a current market capitalization of $13.03M and its 3Y-monthly beta is at 1.84. It has posted earnings per share of -$6.19 in the same period. It has Quick Ratio of 0.53. 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 10.74% while standing at 15.62% over the month.

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.

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