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Why Sonim Technologies' Stock Is Trading Lower Today

May 12, 2021 3:18 pm
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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.

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