At the end of the latest market close, Sonim Technologies Inc. (SONM) was valued at $0.68. In that particular session, Stock kicked-off at the price of $0.6642 while reaching the peak value of $0.70 and lowest value recorded on the day was $0.6615. The stock current value is $0.67.
Recently in News on April 15, 2021, Sonim Signs Agreement with SYNNEX Corporation to Distribute Sonim’s Rugged Handheld and Tablet Offerings in North America. Sonim Technologies (Nasdaq: SONM) announced today it has entered into an agreement with SYNNEX Corporation (NYSE: SNX), a leading provider of distribution, systems design and integration services for the technology industry, to distribute Sonim’s RS60 and RS80 rugged SmartScanners and XP8 ultra-rugged smartphone across North America. You can read further details here
Sonim Technologies Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.7000 on 02/16/21, with the lowest value was $0.6504 for the same time period, recorded on 04/13/21.
Sonim Technologies Inc. (SONM) full year performance was -13.61%
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, Sonim Technologies Inc. shares are logging -64.66% during the 52-week period from high price, and 59.82% 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 $0.42 and $1.90.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1305828 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 Sonim Technologies Inc. (SONM) recorded performance in the market was -5.73%, having the revenues showcasing -13.76% 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 46.40M, as it employees total of 263 workers.
Market experts do have their say about Sonim Technologies Inc. (SONM)
During the last month, 1 analysts gave the Sonim Technologies Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 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 0.8567, with a change in the price was noted +0.1003. In a similar fashion, Sonim Technologies Inc. posted a movement of +17.16% for the period of last 100 days, recording 2,135,998 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 SONM is recording 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.01.
Technical breakdown of Sonim Technologies Inc. (SONM)
Raw Stochastic average of Sonim Technologies Inc. in the period of last 50 days is set at 3.27%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 9.54%. In the last 20 days, the company’s Stochastic %K was 6.66% and its Stochastic %D was recorded 3.77%.
Bearing in mind the latest performance of Sonim Technologies Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -5.73%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -0.38%, alongside a downfall of -13.61% for the period of the last 12 months. The shares increased approximately by -15.74% in the 7-day charts and went up by -33.09% in the period of the last 30 days. Common stock shares were lifted by -13.76% during last recorded quarter.