The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Sonos Inc’s current trading price is -11.24% away from its 52-week high, while its distance from the 52-week low is 99.49%. The stock’s price range for this period has been between $9.78 and $21.98 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.19 million for the day, a number notably higher than the average daily volume of 2.16 million over the last three months.
Sonos Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $21.98 on 05/10/23, while the lowest price for the same duration was marked at $9.78 on 10/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Sonos Inc (SONO) has experienced a quarterly rise of 13.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.42B and boasts a workforce of 1867 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 16.15, with a change in price of +9.50. Similarly, Sonos Inc recorded 2,403,946 in trading volume during the last 100 days, posting a change of +94.91%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SONO stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.10.
SONO Stock Stochastic Average
As of today, Sonos Inc’s raw stochastic average for the last 50 days stands at 97.62%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 100.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 72.98% and 49.42%, respectively.
SONO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 13.83% this year. Over the last six months, there has been a weaker performance of 47.47%. The price of SONO fallen by 5.86% during the last 30 days period. For the last 5-days stocks have improved 4.67%.
