The stock of Sonder Holdings Inc. (SOND) has seen a -19.52% decrease in the past week, with a 24.64% gain in the past month, and a -50.83% decrease in the past quarter. The volatility ratio for the week is 19.51%, and the volatility levels for the past 30 days are at 22.59% for SOND. The simple moving average for the past 20 days is 14.26% for SOND’s stock, with a -61.67% simple moving average for the past 200 days.
Is It Worth Investing in Sonder Holdings Inc. (NASDAQ: SOND) Right Now?
There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for SOND is $1.75, which is $1.3 above than the current price. The public float for SOND is 157.93M, and at present, short sellers hold a 8.71% of that float. The average trading volume of SOND on May 26, 2023 was 1.62M shares.
SOND) stock’s latest price update
The stock price of Sonder Holdings Inc. (NASDAQ: SOND) has jumped by 6.18 compared to previous close of 0.50. Despite this, the company has seen a fall of -19.52% in its stock price over the last five trading days. The Wall Street Journal reported on 10/17/22 that Sonder CFO Sanjay Banker Stepping Down, Will Join Board
SOND Trading at -7.07% from the 50-Day Moving Average
After a stumble in the market that brought SOND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.01% of loss for the given period.
Volatility was left at 22.59%, however, over the last 30 days, the volatility rate increased by 19.51%, as shares surge +25.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.30% lower at present.
During the last 5 trading sessions, SOND fell by -21.54%, which changed the moving average for the period of 200-days by -75.92% in comparison to the 20-day moving average, which settled at $0.4656. In addition, Sonder Holdings Inc. saw -57.57% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at SOND starting from Rothenberg Philip L, who purchase 300,000 shares at the price of $0.45 back on May 17. After this action, Rothenberg Philip L now owns 300,000 shares of Sonder Holdings Inc., valued at $135,000 using the latest closing price.
Davidson Francis, the Chief Executive Officer of Sonder Holdings Inc., purchase 211,000 shares at $0.51 during a trade that took place back on May 17, which means that Davidson Francis is holding 4,060,224 shares at $107,610 based on the most recent closing price.
Stock Fundamentals for SOND
Current profitability levels for the company are sitting at:
- -61.29 for the present operating margin
- +30.59 for the gross margin
The net margin for Sonder Holdings Inc. stands at -35.95. The total capital return value is set at -30.08, while invested capital returns managed to touch -19.28.
When we switch over and look at the enterprise to sales, we see a ratio of 2.63, with the company’s debt to enterprise value settled at 1.02. The receivables turnover for the company is 164.29 and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.
In summary, Sonder Holdings Inc. (SOND) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.