Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Sonos Inc’s current trading price is -29.45% away from its 52-week high, while its distance from the 52-week low is 36.29%. The stock’s price range over this period has fluctuated between $10.23 and $19.76. The company, operating within the financial sector, had a trading volume of approximately 2.49 million for the day, which was noticeably higher than the average daily share volume of 1.83 million over the last 3 months.
In terms of market performance, Sonos Inc had a fairly uneven. The highest value for the stock in the past year was $19.76 on 03/22/24, and the lowest value was recorded at $10.23 on 08/08/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Sonos Inc (SONO) has experienced a quarterly rise of 15.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.70B and boasts a workforce of 1708 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.20, with a change in price of +2.85. Similarly, Sonos Inc recorded 1,919,544 in trading volume during the last 100 days, posting a change of +25.70%.
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 0.15. Similarly, the long-term debt-to-equity ratio is also 0.13.
SONO Stock Stochastic Average
Today’s raw stochastic average for Sonos Inc over the last 50 days is 45.68%.This indicates a increase from the raw stochastic average of the past 20 days, which was 38.91%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 46.43% and 49.03%, 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. This year’s metric has recorded a Price decrease of -7.31%. However, over the past six months, we’ve seen a stronger performance of -2.04%. The price of SONO leaped by -4.32% over the last 30 days. And in the last five days, it has fallen by -5.49%.
