Can Sonim Technologies Inc (SONM) Future Potential Be Undermined By Current Price Volatility?

Sonim Technologies Inc (NASDAQ:SONM) has a beta value of 1.81 and has seen 0.34 million shares traded in the recent trading session. The company, currently valued at $8.72M, closed the recent trade at $0.95 per share which meant it gained $0.02 on the day or 2.48% during that session. The SONM stock price is -1026.32% off its 52-week high price of $10.70 and 10.53% above the 52-week low of $0.85. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.28 million shares traded. The 3-month trading volume is 234.62K shares.

Sonim Technologies Inc (NASDAQ:SONM) trade information

Over the past 30 days, the shares of Sonim Technologies Inc (NASDAQ:SONM) have changed -41.12%. Short interest in the company has seen 20978.0 shares shorted with days to cover at 0.14.

Sonim Technologies Inc (SONM) estimates and forecasts

The company’s shares have lost -70.99% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 44.78% over the past 5 years.

SONM Dividends

Sonim Technologies Inc is expected to release its next earnings report on 2024-Nov-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Sonim Technologies Inc (NASDAQ:SONM)’s Major holders

Insiders own 49.17% of the company shares, while shares held by institutions stand at 1.36% with a share float percentage of 2.68%. Investors are also buoyed by the number of investors in a company, with Sonim Technologies Inc having a total of 12.0 institutions that hold shares in the company. The top two institutional holders are SICART ASSOCIATES LLC with over 0.41 million shares worth more than $0.41 million. As of 2024-06-30, SICART ASSOCIATES LLC held 0.942% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 0.3 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.3 million and represent 0.6948% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 0.48% shares in the company for having 44.52 shares of worth $46778.0 while later fund manager owns 13.51 shares of worth $14197.0 as of Mar 31, 2025 , which makes it owner of about 0.15% of company’s outstanding stock.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.