Sonos Inc. (SONO) is priced at $21.93 after the most recent trading session. At the very opening of the session, the stock price was $21.30 and reached a high price of $23.08, prior to closing the session it reached the value of $22.24. The stock touched a low price of $20.88.
Recently in News on November 18, 2020, Sonos Announces $50 Million Stock Repurchase Program and Completion of Previous Stock Repurchase Program. Sonos, Inc. (Nasdaq: SONO) today announced that its Board of Directors has authorized a common stock repurchase program of up to $50 million. You can read further details here
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Sonos Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $23.08 on 11/30/20, with the lowest value was $6.58 for the same time period, recorded on 03/19/20.
Sonos Inc. (SONO) full year performance was 60.58%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Sonos Inc. shares are logging -4.96% during the 52-week period from high price, and 233.36% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $6.58 and $23.08.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1742297 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Sonos Inc. (SONO) recorded performance in the market was 42.38%, having the revenues showcasing 58.07% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.52B, as it employees total of 1427 workers.
The Analysts eye on Sonos Inc. (SONO)
During the last month, 0 analysts gave the Sonos Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 15.48, with a change in the price was noted +6.75. In a similar fashion, Sonos Inc. posted a movement of +44.65% for the period of last 100 days, recording 4,552,748 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SONO is recording 0.08 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.06.
Technical rundown of Sonos Inc. (SONO)
Raw Stochastic average of Sonos Inc. in the period of last 50 days is set at 86.82%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 85.48%. In the last 20 days, the company’s Stochastic %K was 87.22% and its Stochastic %D was recorded 87.33%.
Considering, the past performance of Sonos Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 42.38%. Additionally, trading for the stock in the period of the last six months notably improved by 106.12%, alongside a boost of 60.58% for the period of the last 12 months. The shares 6.21% in the 7-day charts and went down by 45.65% in the period of the last 30 days. Common stock shares were driven by 58.07% during last recorded quarter.