Shares of Sonim Technologies, Inc. (NASDAQ:SONM – Get Free Report) rose 2.2% during trading on Monday . The stock traded as high as $3.38 and last traded at $3.30. Approximately 22,250 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 26,880 shares. The stock had previously closed at $3.23.
Sonim Technologies Stock Performance
The business has a fifty day simple moving average of $3.31 and a 200 day simple moving average of $4.07. The stock has a market cap of $17.97 million, a price-to-earnings ratio of -1.26 and a beta of 2.47.
Sonim Technologies Company Profile
Sonim Technologies, Inc provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; Sonim mobile hotspot; industrial-grade accessories. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells wireless carrier channels through distribution channels in North America and Europe.
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