A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -24.85% this year. Over the last six months, there has been a stronger performance of -23.65%. The price of SONO fallen by 5.66% during the last 30 days period. For the last 5-days stocks have improved 8.14%.
Sonos Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $19.76 on 03/22/24, while the lowest value for the same period was recorded at $9.78 on 10/27/23.
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52-week price history of SONO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Sonos Inc’s current trading price is -34.82% away from its 52-week high, while its distance from the 52-week low is 31.70%. The stock’s price range during this period has varied between$9.78 and $19.76. The Sonos Inc’s shares, which operate in the Technology, saw a trading volume of around 2.5 million for the day, a figure considerably higher than their average daily volume of 2.22 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Sonos Inc (SONO) has experienced a quarterly decline of -6.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.56B and boasts a workforce of 1867 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.23, with a change in price of -3.36. Similarly, Sonos Inc recorded 1,973,376 in trading volume during the last 100 days, posting a change of -20.69%.
SONO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SONO stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.11.
SONO Stock Stochastic Average
As of today, Sonos Inc’s raw stochastic average for the last 50 days stands at 96.02%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 92.76%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 62.94% and 48.90%, respectively.
