In the past week, SONM stock has gone up by 29.82%, with a monthly gain of 43.69% and a quarterly plunge of -3.90%. The volatility ratio for the week is 18.30%, and the volatility levels for the last 30 days are 9.51% for Sonim Technologies Inc The simple moving average for the past 20 days is 32.25% for SONM’s stock, with a -14.92% simple moving average for the past 200 days.
Is It Worth Investing in Sonim Technologies Inc (NASDAQ: SONM) Right Now?
The stock has a 36-month beta value of 2.07. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SONM is 1.45M, and at present, short sellers hold a 4.28% of that float. On April 02, 2025, the average trading volume of SONM was 116.09K shares.
SONM) stock’s latest price update
The stock price of Sonim Technologies Inc (NASDAQ: SONM) has jumped by 38.32 compared to previous close of 2.14. Despite this, the company has seen a gain of 29.82% in its stock price over the last five trading days. newsfilecorp.com reported 2025-03-31 that Strengthened Cash Position Through Strategic Stock Sales and Debt Financing Focused Growth Strategy Enhances Global Footprint and Distribution Channels Optimistic 2025 Outlook as Scalable Product Portfolio Positions Sonim for Global Success San Diego, California–(Newsfile Corp. – March 31, 2025) – Sonim Technologies, Inc. (Nasdaq: SONM), a leading provider of rugged mobile solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2024. The company highlighted solid progress in revenue growth fueled by strong adoption of recently launched products and strategic market expansion.
Analysts’ Opinion of SONM
B. Riley FBR, on the other hand, stated in their research note that they expect to see SONM reach a price target of $17. The rating they have provided for SONM stocks is “Buy” according to the report published on July 18th, 2019.
SONM Trading at 18.56% from the 50-Day Moving Average
After a stumble in the market that brought SONM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.34% of loss for the given period.
Volatility was left at 9.51%, however, over the last 30 days, the volatility rate increased by 18.30%, as shares surge +51.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.20% lower at present.
During the last 5 trading sessions, SONM rose by +29.82%, which changed the moving average for the period of 200-days by -57.95% in comparison to the 20-day moving average, which settled at $2.24. In addition, Sonim Technologies Inc saw -6.18% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SONM starting from MULICA MICHAEL C, who sale 2,559 shares at the price of $3.28 back on Nov 13 ’24. After this action, MULICA MICHAEL C now owns 54,382 shares of Sonim Technologies Inc, valued at $8,394 using the latest closing price.
Steenstra Jack, the Director of Sonim Technologies Inc, sale 1,623 shares at $3.67 during a trade that took place back on Jul 19 ’24, which means that Steenstra Jack is holding 25,792 shares at $5,956 based on the most recent closing price.
Stock Fundamentals for SONM
Current profitability levels for the company are sitting at:
- -0.23 for the present operating margin
- 0.27 for the gross margin
The net margin for Sonim Technologies Inc stands at -0.24. The total capital return value is set at 3.2. Equity return is now at value -69.62, with -24.85 for asset returns.
Currently, EBITDA for the company is -33.64 million with net debt to EBITDA at 0.51. When we switch over and look at the enterprise to sales, we see a ratio of 0.21. The receivables turnover for the company is 5.28for trailing twelve months and the total asset turnover is 1.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
To sum up, Sonim Technologies Inc (SONM) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
