Sonim Technologies, Inc. is an American-based company that specializes in the development of mobile technology solutions. The company’s stock (SONM) trades on the NASDAQ exchange and has a current market cap of 19.8 million USD. According to historical data, the market cap of Sonim Technologies has fluctuated over the last few days with a high of 21.6 million USD on February 2nd and a low of 20.2 million USD on February 1st.
Despite its relatively small size, Sonim Technologies has been able to post earnings-per-share figures that range from -2.90 in 2021 to 2.50 in 2022, indicating a potentially positive trend in its financial performance over the past few years. The company’s 52-week high is 1.58 USD and its 52-week low is 0.40 USD which implies that it currently trades at a discount compared to its 52-week peak value by some 70%.
In terms of liquidity, Sonim Technologies has an average daily trading volume of 308K shares with 38K shares having traded hands on March 3rd 2021 when the stock closed at 0.4852 USD per share after gaining 1.08% relative to its previous close value of 0.4800 USD per share. This indicates that there is enough liquidity for investors who are looking to buy into the company’s stock as well as potential upside potential if the company’s fundamentals continue to improve going forward in 2021 and beyond.
