Is Sonim Technologies Inc (NASDAQ: SONM) Worth It? How Should Investors Deal With It?

During the last session, Sonim Technologies Inc (NASDAQ:SONM)’s traded shares were 0.83 million, with the beta value of the company hitting 1.81. At the end of the trading day, the stock’s price was $1.45, reflecting an intraday gain of 2.11% or $0.03. The 52-week high for the SONM share is $10.70, that puts it down -637.93 from that peak though still a striking 41.38% gain since the share price plummeted to a 52-week low of $0.85. The company’s market capitalization is $13.34M, and the average intraday trading volume over the past 10 days was 11.98 million shares, and the average trade volume was 2.10 million shares over the past three months.

Sonim Technologies Inc (NASDAQ:SONM) trade information

Sonim Technologies Inc (SONM) registered a 2.11% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.11% in intraday trading to $1.45, hitting a weekly high. The stock’s 5-day price performance is 28.32%, and it has moved by 45.73% in 30 days. Based on these gigs, the overall price performance for the year is -82.10%. The short interest in Sonim Technologies Inc (NASDAQ:SONM) is 0.21 million shares and it means that shorts have 1.03 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 44.78%.

SONM Dividends

Sonim Technologies Inc is due to release its next quarterly earnings on 2024-Nov-13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 0.3 million shares, is of VANGUARD GROUP INC’s that is approximately 0.6948% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.3 million.

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