Sonim Technologies Inc [SONM] stock prices are up 16.00% to $1.16 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SONM shares have gain 25.41% over the last week, with a monthly amount drifted -15.33%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sonim Technologies Inc [NASDAQ: SONM] stock has seen the most recent analyst activity on October 31, 2019, when Oppenheimer downgraded its rating to a Perform. Previously, B. Riley FBR started tracking the stock with Buy rating on July 18, 2019, and set its price target to $17. On July 09, 2019, upgrade upgraded it’s rating to Buy. National Securities started tracking the stock assigning a Neutral rating. Oppenheimer initiated its recommendation with a Outperform and recommended $18 as its price target on June 04, 2019. Lake Street started tracking with a Buy rating for this stock on June 04, 2019, and assigned it a price target of $19.
The stock price of Sonim Technologies Inc [SONM] has been fluctuating between $0.85 and $10.70 over the past year. Sonim Technologies Inc [NASDAQ: SONM] shares were valued at $1.16 at the most recent close of the market.
Analyzing the SONM fundamentals
The Sonim Technologies Inc [NASDAQ:SONM] reported sales of 58.24M for trailing twelve months, representing a drop of -0.33%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at -0.52%, Pretax Profit Margin comes in at -0.52%, and Net Profit Margin reading is -0.52%. To continue investigating profitability, this company’s Return on Assets is posted at -0.84, Equity is -4.65 and Total Capital is -23.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0267 points at the first support level, and at 0.8933 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2667, and for the 2nd resistance point, it is at 1.3733.
Ratios To Look Out For
It’s worth pointing out that Sonim Technologies Inc [NASDAQ:SONM]’s Current Ratio is 0.78. On the other hand, the Quick Ratio is 0.53, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.18.
Transactions by insiders
Recent insider trading involved Becher Charles,, that happened on Apr 23 ’25 when 31326.0 shares were sold. Director, MULICA MICHAEL C completed a deal on Apr 23 ’25 to sell 27818.0 shares. Meanwhile, Chief Financial Officer Crolius Clayton sold 11634.0 shares on Apr 23 ’25.
