Sonim Technologies, Inc. (NASDAQ:SONM – Get Free Report) CFO Clayton Crolius bought 86,700 shares of the business’s stock in a transaction on Friday, September 15th. The stock was acquired at an average cost of $0.68 per share, for a total transaction of $58,956.00. Following the acquisition, the chief financial officer now directly owns 86,700 shares of the company’s stock, valued at $58,956. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Sonim Technologies Stock Performance
NASDAQ SONM traded down $0.05 during trading hours on Monday, reaching $0.62. The company’s stock had a trading volume of 52,911 shares, compared to its average volume of 280,674. The business has a 50-day simple moving average of $0.75 and a 200 day simple moving average of $0.90. Sonim Technologies, Inc. has a 52 week low of $0.40 and a 52 week high of $1.30.
Sonim Technologies (NASDAQ:SONM – Get Free Report) last issued its earnings results on Monday, August 14th. The company reported $0.01 earnings per share (EPS) for the quarter. Sonim Technologies had a negative net margin of 1.97% and a negative return on equity of 9.22%. The firm had revenue of $26.84 million for the quarter.
Hedge Funds Weigh In On Sonim Technologies
About Sonim Technologies
Sonim Technologies, Inc provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP10, Sonim XP5plus, Sonim XP3plus based on the Android platform that are capable of attaching to public and private wireless networks; industrial-grade accessories, including remote speaker microphones, multi-bay charging accessories, and in-vehicle hands-free voice communications solutions; and cloud-based software and application services.
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