Why Sonim Technologies' Stock Is Trading Lower Today
Sonim Technologies (NASDAQ:SONM) shares are trading lower after the company reported worse-than-expected Q1 EPS and sales results.
Sonim Technologies' stock has been falling Wednesday, down 23.21% to a price of $0.48. Wednesday the stock has been traded at a volume of 11.43 million, about 1010.75% of its recent 30-day volume average of 1.13 million.
The moving average price of the stock over the past 50 days was $0.79 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $1.7 and as low as $0.42.
Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.