Sonim Technologies Inc (NASDAQ:SONM) currently has a daily average trading volume of 183.84K but it saw 220010 shares traded in last market. With a market cap of 10.38M USD, the company’s current market price of $1.64 came rising about 13.89 while comparing to the previous closing price of $1.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.70 and as low as $1.03. In the recent trading on the day, stock has struck highest price mark of $1.442 while lowest mark touched by it was $1.8.
Taking a look at 20-day trading activity of Sonim Technologies Inc (SONM) gives us an average price of $1.9915, while its current price level is -84.67% below from 52-week high level whereas it is 59.22% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.1969 while that of 200 days or SMA-200 reads an average of $3.0434. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.42% during that period while stretching the period over a month that increases to 19.05%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.73 which implies that the stock is in neutral territory.
Over the week, SONM’s stock price is moving 19.71% up while it is -26.79% when we observe its performance for the past one month. Year-to-date it is -48.02% down and over the past year, the stock is showing a downside performance of -67.10%.
The company is expected to be releasing its next quarterly report on 2024-Nov-12, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Sonim Technologies Inc’s total number of outstanding shares is 4.98M. Company’s return on equity (ROE) at -403.74%. Stock’s beta reads 1.99. Stock has a price to sale or P/S ratio amounts to 0.18. Its return on asset (ROA) is -70.26% on average.
