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1 Comment
Sonim Technologies, Inc is currently in a long term downtrend where the price is trading 35.3% below its 200 day moving average.
From a valuation standpoint, the stock is 97.6% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.6.
Sonim Technologies, Inc's total revenue sank by 7.8% to $16M since the same quarter in the previous year.
Its net income has increased by 5.4% to $-6M since the same quarter in the previous year.
Finally, its free cash flow fell by 108.3% to $-10M since the same quarter in the previous year.
Based on the above factors, Sonim Technologies, Inc gets an overall score of 2/5.
Exchange | NASDAQ |
---|---|
CurrencyCode | USD |
ISIN | US83548F2002 |
Sector | Technology |
Industry | Communication Equipment |
Beta | 2.07 |
---|---|
Target Price | 8 |
PE Ratio | None |
Market Cap | 9M |
Dividend Yield | None |
Sonim Technologies, Inc. engages in the provision of enterprise 5G solutions in the United States, Canada, Europe, Middle East, and Asia Pacific. The company offers ruggedized cell phones, including Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; XP100 4G and XP400 5G professional rugged phones; XP Pro 5G rugged smartphone; and XP3plus 5G rugged flip phone. It also provides connected solutions that include fixed wireless access and mobile hotspot devices, such as Sonim H100 low- and mid-range mobile hotspots; Sonim H700; and Sonim H500-series of 5G mobile hotspots. In addition, the company offers SonimWare software and industrial-grade accessories. It serves the transportation and logistics, construction, manufacturing, facilities management, energy and utility, mining, and public safety sectors. The company sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada, and sells wireless carrier channels through distribution channels in North America and Europe. The company was formerly known as NaviSpin.com, Inc. and changed its name to Sonim Technologies, Inc. in December 2001. Sonim Technologies, Inc. was incorporated in 1999 and is headquartered in San Diego, California.
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